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Dragon Seats Acquires Athletic Recovery Zone, Cementing Its Leadership As The #1 Bench In Sports

Jan 23, 2023•almost 3 years ago

Acquiring Company

Dragon SeatsTM

Acquired Company

Athletic Recovery Zone

Sports

Description

Dragon SeatsTM, the leading manufacturer and provider of patented heated and cooling sports benches, is proud to announce its acquisition of Athletic Recovery Zone, LLC ("ARZ"), a Florida-based manufacturer and provider of state-of-the-art air conditioning and heating sports bench technology. The acquisition significantly enhances Dragon Seats' ability to provide best-in-class sideline solutions and service to the NFL via its Member Clubs, NCAA Football sidelines, various other sports, numerous lifestyle applications, and multiple marketing partners.

Company Information

Company

Dragon SeatsTM

About

Based in Cleveland, Ohio, Bourne Creations Inc. dba "Dragon SeatsTM" provides climate-controlled benches and sideline solutions to the majority of NFL Member Clubs, dozens of Power-5 college football programs, baseball dugouts, and lifestyle spaces. The Company has a 25-year track record maximizing safety, comfort, and performance to athletes in all-weather conditions, helping it become the #1 Bench in Sports. To learn more click here: www.dragonseats.com. Media Contacts:Dragon SeatsFranklin Floyd, Chief Operating OfficerEmail: franklin@dragonseats.com Phone: 216.287.5042 Athletic Recovery Zone (ARZ)Brian CothrenCo-Founder and Co-CEOEmail: Bcothren@rzathletics.comPhone: 904.626.5555 SOURCE Dragon Seats

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