Compass Diversified-Backed Marucci Sports Announces Acquisition Of Baum Bat
Apr 04, 2023•over 2 years ago
Acquiring Company
Marucci
Acquired Company
Baum Bat
SportsManufacturing
Description
Marucci Sports, LLC (“Marucci”), a subsidiary of Compass Diversified (NYSE: CODI) and a leading designer and manufacturer of baseball and fastpitch equipment and apparel, today announced it has acquired Baum Enterprises LLC (“Baum Bat”), a designer and manufacturer of composite wood bats. Terms of the transaction were not disclosed.
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