Acquiring Company
Artisan Custom Closets
Acquired Company
Spacemakers
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.
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