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Prairiefire Completes Its Acquisition Of Front Sight From Chapter 11 Bankruptcy

Dec 05, 2022about 3 years ago

Acquiring Company

PRAIRIEFIRE

Acquired Company

FRONT SIGHT

Description

PrairieFire today announced the successful completion of its acquisition of Front Sight from Chapter 11 bankruptcy, which is the first step in creating the "Home of American Shooting" in Pahrump, Nevada. The United States Bankruptcy Court approved the plan to purchase the business on November 29, 2022, and the sale closed on December 2, 2022.

Company Information

Company

PRAIRIEFIRE

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