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House-Hasson Hardware acquires Bostwick-Braun Industrial's Hardware Division

Mar 26, 2024•over 1 year ago

Acquiring Company

House-Hasson Hardware

Acquired Company

Bostwick-Braun Industrial

KnoxvilleToledoHardwareWholesale

Description

The Bostwick-Braun Company has sold its wholesale hardware operations to House-Hasson Hardware as part of its strategic decision to focus exclusively on its industrial services and products arm. This strategic move allows Bostwick-Braun to deepen its industrial customer relationships and expand its product offerings while House-Hasson Hardware strengthens its position in the wholesale hardware distribution market.

Company Information

Company

House-Hasson Hardware

Location

Knoxville, Tennessee, United States

About

House-Hasson Hardware, headquartered in Knoxville, Tennessee, has been a trusted name in the industry for over a century. As a leading wholesale supplier of hardware and building materials, we supply home centers, building supplies, and hardware stores.

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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