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Greek House Is Announcing The Acquisition Of College Clout To Assist In Expanding Their Fast Developing Empire

Sep 28, 2021•about 4 years ago

Acquiring Company

Greek House

Acquired Company

College Clout

Real EstateOtherInformation Technology

Description

Greek House, a custom college apparel and Inc. 5000 company, has recently disclosed that College Clout, a custom college apparel startup, will be absorbed into its umbrella brand. The move to acquire College Clout first began in May 2021 and was finalized on September 27, 2021.

Company Information

Company

Greek House

About

Greek House provides the fastest and easiest ways for student groups, colleges, and businesses to get custom designed merchandise for their organizations. The company, founded by two University of Florida Alumni, was ranked in the top 16% of the fastest growing private companies in the U.S and top 3% of the fastest growing companies to come out of University of Florida.

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