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Fairfax to acquire controlling ownership of Peak Achievement Athletics including Bauer Hockey brand

Sep 30, 2024about 1 year ago

Acquiring Company

Fairfax Financial Holdings Limited

Acquired Company

Bauer Hockey

ExeterFinancial ServicesSporting GoodsSports

Description

Fairfax Financial Holdings Limited has announced its intention to acquire controlling ownership of Peak Achievement Athletics Inc., including its stable of brands such as Bauer Hockey, Cascade Lacrosse, and Maverik Lacrosse. With a long-term focus, Fairfax aims to continue growing Peak's portfolio, including the iconic Bauer Hockey brand, solidifying a new long-term relationship and reflecting the importance of Canadian culture.

Company Information

Company

Fairfax Financial Holdings Limited

About

Fairfax Financial Holdings Limited is a Canadian financial holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management. The company has a global presence and is known for its strong leadership and commitment to excellence.

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