Acquiring Company
Don Franklin Auto Group
Acquired Company
Martin Kia
Description
Performance Brokerage Services announces that Don Franklin Auto Group has purchased Martin Kia from Martin Management Group. The acquisition was facilitated by Performance Brokerage Services, the leading dealership brokerage firm in North America. Martin Kia will be renamed Don Franklin Bowling Green Kia. This move allows Don Franklin Auto Group to expand its presence in Bowling Green, Kentucky.
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