3Z Brands completes acquisition of Southerland to expand its national manufacturing footprint
Dec 16, 2024•about 1 year ago
Acquiring Company
3Z Brands
Acquired Company
Southerland
Description
3Z Brands, a vertically integrated manufacturer, wholesaler, retailer, and direct-to-consumer distributor of sleep products, has acquired Southerland. This acquisition enables the strategic expansion of 3Z's nationwide manufacturing footprint, positioning 3Z to serve a new group of wholesale customers from a geographic perspective while also reducing delivery costs and timelines for its e-commerce customers.
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