Ad Hoc Lender Group supported buyer entity enters asset purchase agreement with American Tire Distributors, Inc.
Nov 27, 2024•about 1 year ago
Acquiring Company
Buyer Entity Supported by Ad Hoc Lender Group
Acquired Company
American Tire Distributors
Description
American Tire Distributors, Inc. has entered into a 'stalking horse' asset purchase agreement with a buyer entity supported by certain prepetition lenders. This strategic move is aimed at positioning ATD for long-term success and streamlining its operations for enhanced value delivery to stakeholders.
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