Huron Capital'S Aftermarket Platform Announces Acquisition Of Rago Fabrication
Mar 17, 2022•over 3 years ago
Acquiring Company
Huron Capital
Acquired Company
Rago Fabrication
Description
Huron Capital Partners LLC ("Huron"), a leading lower middle-market private equity platform, announced today that its off-road and overlanding automotive aftermarket accessories platform, which goes to market under the brand names Addictive Desert Designs ("ADD") and DV8 Offroad ("DV8"), (collectively, "Horsepower"), has acquired Rago Fabrication ("Rago").
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