Blackford Capital Acquires Artificial Turf Supply, Accelerates Growth Of Patio Consolidation Portfolio
Nov 30, 2022•over 2 years ago
Acquiring Company
Blackford Capital
Acquired Company
Artificial Turf Supply (ATS)
Description
Blackford Capital ("Blackford"), a leading lower middle market private equity firm, announced today the acquisition of Carlsbad, California-based Artificial Turf Supply (ATS), a manufacturer, distributor and internet-based supplier of high-quality synthetic and artificial turf products with applications across residential, commercial playground, pet and athletics in both B2B and B2C segments in the United States.
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