A1 Garage Door Service acquires Ideal Garage Doors to expand presence in Phoenix
Jul 10, 2024•over 1 year ago
Acquiring Company
A1 Garage Door Service
Acquired Company
Ideal Garage Doors
PhoenixDescription
A1 Garage Door Service, a national leader in the garage door service and sales industry, has acquired Ideal Garage Doors, a garage door repair and replacement company serving the greater Phoenix area for more than 25 years. This acquisition expands A1's existing presence in the Phoenix area, enabling A1 to better serve the market's 1.6 million residents and 600,000 households, and adds another established, multi-location operation to the A1 Garage family.
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