Acquiring Company
Lippert Components
Acquired Company
Freedman Seating Company
ElkhartChicagoAutomotiveManufacturingDescription
Lippert Components has acquired Freedman Seating Company to expand its school transportation portfolio. Freedman, a Chicago-based manufacturer, has been family-owned since 1884 and provides seating solutions across multiple transportation markets. The acquisition aims to leverage combined resources to pursue new markets and enhance product offerings. Freedman will continue its operations under the Lippert umbrella while maintaining its management team.
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