CSG reaffirms commitment to $2.15 billion acquisition of The Kinetic Group for Vista Outdoor Shareholders
Jul 23, 2024•over 1 year ago
Acquiring Company
Czechoslovak Group
Acquired Company
Vista Outdoor
Description
CSG, a leading global industrial holding company, has reaffirmed its commitment to successfully completing the $2.15 billion acquisition of Vista Outdoor Inc.'s The Kinetic Group. CSG's fully financed bid provides Vista Outdoor shareholders with certainty and the opportunity to realize superior value. The acquisition is expected to maximize shareholder value and can be completed in early August. Additionally, CSG intends to invest in the growth of the newly acquired businesses within The Kinetic Group and increase American jobs as part of its broader growth strategy.
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