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House-Hasson Hardware completes acquisition of Bostwick-Braun Hardware to expand its regional presence

Jul 03, 2024over 1 year ago

Acquiring Company

House-Hasson Hardware

Acquired Company

Bostwick-Braun Industrial

KnoxvilleToledoHardwareWholesale

Description

House-Hasson Hardware, the largest independent regional hardware distributor in America, has finalized the acquisition of Bostwick-Braun Hardware's warehouses and inventory. This acquisition will strengthen House-Hasson's position in multiple states and expand its customer base, allowing it to better serve independent hardware stores and lumberyards, advancing its commitment to dealer profitability and local service.

Company Information

Company

House-Hasson Hardware

Location

Knoxville, Tennessee, United States

About

House-Hasson Hardware, headquartered in Knoxville, Tennessee, has been a trusted name in the industry for over a century. As a leading wholesale supplier of hardware and building materials, we supply home centers, building supplies, and hardware stores.

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M&A Insights

Based on deal data
Integration 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