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Beauty Industry Group Announces Acquisition Of Bellami Hair

May 17, 2022over 3 years ago

Acquiring Company

Beauty Industry Group

Acquired Company

BELLAMI Hair

Description

Beauty Industry Group ("BIG"), an industry leader for hair solutions, announced today that it has acquired BELLAMI Hair ("BELLAMI"), a premium brand driving innovation in the hair extensions and haircare categories. BIG will support BELLAMI as it advances its differentiated go-to-market strategy and grows its strong consumer following to build on its current momentum. Terms of the transaction were not disclosed.

Company Information

Company

Beauty Industry Group

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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