Acquiring Company
Springs Window Fashions
Acquired Company
Springs Window Fashions
Description
Springs Window Fashions ("Springs"), a leading global provider of custom window coverings, announced today that its ownership group, backed by Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake") has acquired Sunburst Shutters & Window Fashions ("Sunburst"). Terms of the transaction were not disclosed.
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