CIH (Central Indiana Hardware) acquires Haley's Lock, Safe & Key Service to expand security solutions
Dec 30, 2024•12 months ago
Acquiring Company
CIH (Central Indiana Hardware)
Acquired Company
Haley's Lock Safe & Key Service
Description
CIH (Central Indiana Hardware) proudly announces the acquisition of Haley's Lock, Safe & Key Service, Inc., marking a significant step in CIH's commitment to delivering comprehensive security solutions and localized service excellence. This strategic partnership is designed to maintain the Haley's brand name, locations, and operational independence while providing additional opportunities for business growth and market expansion.
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