Hunter Street Completes Financing To Support Acquisition Of Building Supplies Manufacturer
Dec 20, 2022•almost 3 years ago
Acquiring Company
Hunter Street
Acquired Company
Building Supplies Manufacturer
Professional ServicesOtherLending And InvestmentsFinancial Services
Description
Hunter Street, a Minneapolis-based alternative investment management firm, has partnered with Five Crowns Credit Partners ("Five Crowns") to provide $15.5 million in financing to support Metar Capital's acquisition of Ready Made Builders Supply ("Ready Made"), a manufacturer of trusses, doors, and cabinets in the Salt Lake City market.
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