Acquiring Company
Knox Lane
Acquired Company
HighGround Restoration Group
Description
Knox Lane has acquired a majority stake in HighGround Restoration Group, a national leader in residential restoration services. This acquisition is expected to support HighGround's growth through investments in business development and operational efficiencies. Knox Lane will leverage its experience to aid in HighGround's expansion and strategic initiatives.
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