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Exemplis Acquires Future Seating, Parent Company To X-Chair, Mavix Gaming And Healthy Back

Sep 03, 2021•over 4 years ago

Acquiring Company

Exemplis

Acquired Company

Future Seating

Financial ServicesSoftware

Description

Exemplis Corporation, a California-based furniture manufacturer, proudly announces the recent acquisition of Future Seating, a Maryland-based provider of ergonomic office and innovative gaming products. The acquisition expands the Exemplis brand portfolio to include the Future Seating brands X-Chair, Mavix Gaming and Healthy Back.

Company Information

Company

Exemplis

About

Exemplis, the parent company of SitOnIt Seating® and Timbuk2® brands, has been a leader in build-to-order products since its founding in 1996 in California. SitOnIt Seating is one of the largest manufacturers of office solutions in the world with an unlimited array of customizable designs and the fastest shipping times in the industry. Timbuk2 crafts high-quality handmade bags, packs and more for a global community of people on the go. For more information, visit www.exemplis.com.

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