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Artisan Custom Closets Acquires Spacemakers And Carolina Closets

Jun 12, 2023over 2 years ago

Acquiring Company

Artisan Custom Closets

Acquired Company

Spacemakers

AtlantaFashionE CommerceLaundry And Dry CleaningManufacturing

Description

Artisan Custom Closets, winner of multiple awards for industry excellence, announced they have joined forces with Carolina Closets and their sister brand Spacemakers Closets. This union will create a regional leader in custom storage solutions in the Southeast. Artisan's direct to consumer sales and marketing successes combined with Carolina Closets' and Spacemakers' diverse customer base - professional home builders, dealers, wholesalers, and upscale retail design centers - provides market strength and diversity unparalleled in the Southeast.

Company Information

Company

Artisan Custom Closets

Location

Atlanta, Georgia, United States

About

Artisan Custom Closets is a locally owned and operated custom closet company with a mission to provide functional and appealing storage systems to clients according to their storage requirements, budget, and style preferences. Artisan strives to bring organization to your closet with custom features that create a designated place for every item. To learn more, visit www.ArtisanCustomClosets.com.

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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