Endries International, Inc. strengthens market position with the acquisition of Assembly Fasteners, Inc.
Nov 12, 2024•about 1 year ago
Acquiring Company
Endries International
Acquired Company
Assembly Fasteners
Description
Endries International, Inc. has completed the acquisition of Assembly Fasteners, Inc. (AFI), a distributor specializing in latches, fasteners, and hardware products and solutions. This strategic acquisition strengthens Endries' presence in Florida, North Carolina, Georgia, Tennessee, and Texas, and enhances its relationship with key suppliers. The partnership is aimed at delivering enhanced value, driving growth, and reinforcing a shared dedication to innovation, quality, and service excellence in the fastener industry.
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