Kunes Auto & RV Group completes acquisition of Finley GMC to expand automotive presence in Beloit, Wisconsin
Mar 29, 2024•over 1 year ago
Acquiring Company
Kunes Auto & RV Group
Acquired Company
Finley GMC
Description
Kunes Auto & RV Group, a Midwest automotive group, has expanded its presence in Wisconsin with the acquisition of Finley GMC in Beloit, Rock County. With a shared commitment to providing above and beyond automotive customer experiences and services, the acquisition represents a continuation of the family-owned tradition and underscores Kunes Auto & RV Group's dedication to excellence and community engagement.
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