Acquiring Company
D.K. Smith & Co.
Acquired Company
PLANET
Description
D.K. Smith & Co. has successfully completed the acquisition of PLANET, a luxury fashion brand. The deal aims to enhance PLANET's market presence and expand its digital footprint. With the acquisition, both companies seek to leverage their strengths for strategic growth. The founders remain engaged to ensure the brand's evolution and customer satisfaction.
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