Quality Collision Group completes acquisition of LaMettry's Collision to expand its market presence
Nov 04, 2024•8 months ago
Acquiring Company
Quality Collision Group
Acquired Company
LaMettry’s Collision
Description
Quality Collision Group (QCG) announces the acquisition of LaMettry’s Collision, a family-owned business known for exceptional service and unwavering commitment to OEM repair standards. With this acquisition, QCG's facility count in the greater Minneapolis-St. Paul market increases to 19, reinforcing its focus on quality and OEM compliance through certifications.
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