Sky Auto Mall acquires Van Horn Ford and Van Horn Chevrolet in Newhall, Iowa
Jan 24, 2025•11 months ago
Acquiring Company
Sky Auto Mall
Acquired Company
Van Horn Automotive Group
Description
Performance Brokerage Services facilitated the acquisition of Van Horn Ford and Van Horn Chevrolet in Newhall, Iowa from Van Horn Automotive Group to Yelena and Alex Tovstanovsky of Sky Auto Mall. The acquisition represents a strategic expansion for Sky Auto Mall and aligns with Van Horn Automotive Group's focus on reinvesting in Wisconsin.
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