Acquiring Company
Lithia & Driveway
Acquired Company
Elk Grove Subaru
MedfordElk GroveRetailAutomotiveDescription
Lithia & Driveway announced the acquisition of Elk Grove Subaru, enhancing its retail network in the Southwest region. This addition is expected to add $100 million in annual revenue. The move strengthens Lithia's strategy of expanding its footprint with high-performing dealerships.
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