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Hickory Furniture Collective Acquires Old Hickory Furniture Company, Now Largest Hickory Furniture Manufacturer Globally

Nov 17, 2022•about 3 years ago

Acquiring Company

Hickory Furniture Collective

Acquired Company

Now Hickory Furniture Manufacturer Globally

Description

Hickory Furniture Collective is pleased to announce the acquisition of Old Hickory Furniture Company in Shelbyville, Indiana. With this acquisition, Hickory Furniture Collective is now the largest maker of hickory furniture worldwide.

Company Information

Company

Hickory Furniture Collective

About

Indiana's Hickory Furniture tradition is alive and well in Anderson, IN. Find handcrafted, solid wood construction furniture that will last for generations.

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