Acquiring Company
Wilsonart
Acquired Company
Virginia Tile
Description
Wilsonart Engineered Surfaces has acquired Virginia Tile's woodworking products distribution business. The acquired operations, based in Kansas City, Kansas, will enhance Wilsonart's distribution network and services. Leadership continuity is prioritized to ensure a smooth transition. Virginia Tile's portfolio was realigned for better synergy and growth.
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