Harbour Group completes acquisition of Senproco, LLC and Groomer's Choice Pet Products, LLC to expand its portfolio
Dec 18, 2024•9 months ago
Acquiring Company
Harbour Group
Acquired Company
Groomer's Choice
Description
Harbour Group, based in St. Louis, Missouri, has acquired Senproco, LLC and Groomer's Choice Pet Products, LLC. This strategic acquisition enables Harbour Group to broaden its portfolio and strengthen its presence in the pet grooming supplies market.
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