American Tire Distributors Completes Acquisition Of Monro Inc.'S Tires Now Distribution Assets
Jun 17, 2022•over 3 years ago
Acquiring Company
American Tire Distributors
Acquired Company
Tires Now
Description
American Tire Distributors ("ATD") today announced the completion of its acquisition of the wholesale tire distribution assets of Monro, Inc. ("Monro"), which formerly operated under the Tires Now name ("Tires Now").
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