Woodson Equity completes acquisition of Commercial Vehicle Group’s First Source Electronics business
Nov 21, 2024•about 1 year ago
Acquiring Company
Woodson Equity
Acquired Company
First Source Electronics
Description
Woodson Equity has announced the acquisition of the assets of the First Source Electronics business from Commercial Vehicle Group. This acquisition aligns with Woodson Equity's strategic focus, reinforcing the firm’s expertise in corporate carveouts and the sector focus on industrial services.
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