Branded Acquires The Community-Based Men'S Personal Care Brand Fresh Heritage
Jan 04, 2022•almost 4 years ago
Acquiring Company
BRANDED Group
Acquired Company
Fresh Heritage
Clothing And ApparelConsumer GoodsDesignCommerce And ShoppingConsumer GoodsCommerce And Shopping
Description
BRANDED Group, the leading operator of digital-first consumer brands globally, today announced the acquisition of Fresh Heritage, a men's personal care company solving modern-day grooming problems for men of color. With founder Gamal Codner staying heavily involved in the brand's success going forward, BRANDED intends to rapidly scale operations and reach - transforming Fresh Heritage into a powerhouse personal care brand for men of color. This acquisition marks the fifth menscare brand owned by BRANDED and highlights its strengthening leadership in the category.
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