Ally Building Solutions completes acquisition of Affordable Granite Concepts to expand its expertise and service offerings
Feb 17, 2025•5 months ago
Acquiring Company
Ally Building Solutions
Acquired Company
Affordable Granite Concepts
Description
Ally Building Solutions has announced the acquisition of substantially all of the assets of Affordable Granite Concepts, establishing Ally Building Solutions as Florida's largest granite supplier. This strategic move will enhance Affordable Granite Concepts' customers' capabilities and services, strengthening Ally's position as the leading provider of building solutions across Florida.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed