The Sterling Foundation Fund completes acquisition of OGD Overhead Garage Door as it aims to leverage industry expertise and expand OGD
Jul 08, 2024•over 1 year ago
Acquiring Company
The Sterling Foundation Fund
Acquired Company
OGD Overhead Garage Door
DallasFort WorthVenture CapitalOtherDescription
The Sterling Foundation Fund, the lower middle market strategy of The Sterling Group, has hired Jonathan Jackson as Managing Director and successfully acquired OGD Overhead Garage Door. The acquisition is part of its strategy to apply Sterling's experience and operational capabilities and leverage industry expertise to expand OGD Overhead Garage Door.
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
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