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Ad Hoc Lender Group supported buyer entity enters asset purchase agreement with American Tire Distributors, Inc.

Nov 27, 2024about 1 year ago

Acquiring Company

Buyer Entity Supported by Ad Hoc Lender Group

Acquired Company

American Tire Distributors

HuntersvilleAutomotive

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.

Company Information

Company

Buyer Entity Supported by Ad Hoc Lender Group

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