Sports Endeavors completes acquisition of Ewing Sports to expand soccer specialty retail presence
May 20, 2024•about 1 year ago
Acquiring Company
Sports Endeavors
Acquired Company
Ewing Sports
Description
Sports Endeavors, LLC, owner of Soccer.com, has successfully acquired Ewing Sports, a leading regional soccer specialty retailer. This strategic partnership further strengthens Sports Endeavors' presence in the U.S. Northeast and Mid-Atlantic regions, enhancing the offering to soccer players and fans in the area.
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