Cornerstone Building Brands Acquires Quebec-Based Metal Siding And Roofing Company, Mac Metal Architectural
Aug 17, 2023•almost 2 years ago
Acquiring Company
Cornerstone Building Brands
Acquired Company
Roofing
Description
Cornerstone Building Brands, Inc. (“Cornerstone Building Brands”), the largest manufacturer of exterior building products in North America, has acquired MAC Metal Architectural (“MAC Metal” or the “Company”). Headquartered in Saint-Hubert, Quebec, MAC Metal serves the North American residential and commercial markets with high-end steel siding and roofing products. The Company has approximately 100 employees dedicated to the business.
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