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Harbour Group Acquires Decksdirect

Jan 18, 2022•over 3 years ago

Acquiring Company

Harbour Group

Acquired Company

DecksDirect

St. LouisVenture Capital

Description

DecksDirect, LLC ("DecksDirect"), is now part of the Harbour Group family of companies, Jeff Fox, Harbour Group's chairman and chief executive officer, announced today. Terms of the transaction were not disclosed.

Company Information

Company

Harbour Group

Location

St. Louis, Missouri, United States

About

Harbour Group is a privately owned operations-focused company based in St. Louis, Missouri. Harbour Group's companies are engaged in manufacturing and distribution across diverse industries, including specialty chemicals, outdoor living products, specialty fittings, supply chain condition monitoring solutions, remote monitoring solutions, control solutions, thermal management solutions, professional diagnostic and repair tools, and auxiliary plastic processing equipment. Since its founding in 1976, Harbour Group has acquired 230 companies in 50 different industries.

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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