Marquee Brands Acquires America'S Test Kitchen® Further Expanding As A Leader In The Home And Culinary Category
Feb 02, 2023•almost 3 years ago
Acquiring Company
Marquee Brands
Acquired Company
Test Kitchen
Description
Marquee Brands LLC, a leading global brand owner, marketer and media company, and America's Test Kitchen Limited Partnership ("ATK") announced today that Marquee Brands has become a majority owner in ATK, which owns America's Test Kitchen® and its associated brands, including Cook's Illustrated® and Cook's Country®. The acquisition further builds upon the Home and Culinary portfolio within Marquee Brands which includes the Martha Stewart®, Emeril Lagasse® and Sur La Table® brands.
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