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Lowe's acquires ADG for pro market expansion

Apr 14, 2025•3 months ago

Acquiring Company

Lowe's Companies

Acquired Company

ADG

MooresvilleSan DiegoRetailProfessional ServicesConstruction

Description

Lowe's has announced the acquisition of ADG to strengthen its presence in the professional market. This billion-dollar deal reflects Lowe's commitment to catering to professional contractors and businesses. The acquisition is expected to enhance Lowe's service offerings and product range for its pro customers.

Company Information

Company

Lowe's Companies

Location

Mooresville, North Carolina, United States

About

Lowe's Companies, Inc. is a FORTUNE® 50 home improvement company serving approximately 17 million customer transactions a week in the United States. With total fiscal year 2022 sales of over $97 billion, approximately $92 billion of sales were generated in the United States, where Lowe's operates over 1,700 home improvement stores and employs approximately 300,000 associates. The company is based in Mooresville, N.C. and supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts.

DealWatch™ Score

67
High M&A Activity

M&A Opportunity Analysis

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M&A Insights

Based on deal data
Integration 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

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