Acquiring Company
GT Golf Supply
Acquired Company
Clicgear
Description
GT Golf Supply Co. has acquired the global rights to the Clicgear brand and all associated intellectual property from Clicgear Industrial Design Ltd. This acquisition strengthens GT Golf's position in the golf industry and expands its portfolio. Clicgear is a leader in the golf pushcart market, known for its innovation and quality. The move will enhance product development and support GT Golf’s commitment to golfers worldwide.
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