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Bluewater Partners Announces The Acquisition Of Corvette Central By

Aug 30, 2022•over 3 years ago

Acquiring Company

BlueWater Partners

Acquired Company

Corvette Central

BankingFinanceFinancial ServicesConsulting

Description

Legendary Companies acquires Corvette Central. The Michigan-based Corvette restoration parts manufacturer and supplier expands Legendary Companies’ position in the Corvette market and is consistent with the company’s strategy of growing its portfolio of authentic components to comprehensively serve classic vehicle enthusiasts. BlueWater Partners' principals acted as the exclusive financial advisor and Miller Johnson acted as the legal counsel to Corvette Central for this transaction.

Company Information

Company

BlueWater Partners

Location

N Mulberry Dr

About

BlueWater Partners is a middle market investment banking and consulting firm. As strategic advisors to business owners and management, BlueWater Partners works with companies to create, manage and realize business value, frequently before or through a sale or acquisition. BlueWater Partners’ services include advice on mergers and acquisitions, divestitures, capital sourcing, performance improvement, restructuring and turnaround. To learn more about BlueWater Partners, visit http://www.bluewaterpartners.com. Principals of BlueWater Partners acted in their capacity of licensed investment banking agents of Burch & Company, Inc., member FINRA/SIPC.

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