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IAG NZ Repairhub Limited announces opening of AMI RepairHub in Queenstown after acquiring Queenstown Collision Centre

Aug 27, 2024•over 1 year ago

Acquiring Company

IAG NZ Repairhub Limited

Acquired Company

Queenstown Collision Centre

OtagoFleet ManagementAutomotive

Description

IAG NZ Repairhub Limited is excited to announce the opening of the AMI RepairHub in Queenstown following the acquisition of Queenstown Collision Centre. This strategic move aims to streamline the vehicle repair process for customers and reduce waiting times for vehicle repairs in the Queenstown and Wanaka area.

Company Information

Company

IAG NZ Repairhub Limited

About

Repairhub is a motor vehicle repair facility that’s set up specifically for IAG NZ customers – that’s anyone insured by State, AMI, NZI, Lumley, Lantern, NAC and Swann.

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