Acquiring Company
TPG
Acquired Company
Classic Collision
SomervilleAtlantaManufacturingAutomotiveDescription
TPG, a global alternative asset management firm, has signed a definitive agreement to acquire Classic Collision, a leading national collision repair multi-site operator. This acquisition reflects TPG's commitment to partnering with management to grow Classic's market leadership and continue the company's culture of providing high-quality service with integrity.
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