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Marquee Brands Acquires America'S Test Kitchen® Further Expanding As A Leader In The Home And Culinary Category

Feb 02, 2023almost 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.

Company Information

Company

Marquee Brands

About

Marquee Brands manages a portfolio of luxury retail brands, helps grow business, creates partnerships, and sustains brand equity and freedom.

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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