FullBeauty Brands to Acquire Avenue Stores, Expanding Market Presence in Women’s Plus-Size Sector
Jun 18, 2024•about 1 year ago
Acquiring Company
FULLBEAUTY Brands
Acquired Company
Avenue Stores
Description
FullBeauty Brands has signed a definitive agreement to acquire Avenue Stores, a U.S.-based digital specialty retailer of plus-size apparel. With this acquisition, FullBeauty aims to further its leading position in size-inclusive fashion, expand its market presence in the women’s plus-size sector, and integrate Avenue.com into its classic digital mall, providing additional scale and market presence.
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