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Acquiring Company
Turner Supply
Acquired Company
Millworks & Supply
Description
Turner Supply has announced the acquisition of Millworks & Supply, strengthening its presence in Savannah. This acquisition will enhance Turner Supply's capacity to serve customers across Coastal Georgia and South Carolina. Millworks & Supply will continue the personalized service trusted by its customers. The merger aims to improve operational efficiency and expand service offerings.
Related People
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