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Stronger Leadership, Llc Acquires Skeleton Optics, A Premium Lifestyle Sunglass Brand

Jun 05, 2023•over 2 years ago

Acquiring Company

Stronger Leadership

Acquired Company

SKELETON OPTICS

Sports

Description

Stronger Leadership, LLC, is pleased to announce the acquisition of Skeleton Optics, Inc. a well-established sunglass and protective eyewear brand for active men and women.

Company Information

Company

Stronger Leadership

About

Stronger Leadership will be doing business as Skeleton Optics Eyewear, based in Palm Beach Gardens, Florida. The company is a collaboration between three accomplished executives. Eric Storey, a retired US Army Special Operator and Judge Advocate, has been building companies as a consultant and Operating Executive since his retirement in 2004. Their principals include AJ Ager, a former Navy SH-60 Seahawk Pilot, and Advisor at a leading investment banking firm, and Bud Conlan, founder and operator in food manufacturing for over three decades. Together, this management team will apply their passion for outdoor sports with their extensive management expertise to grow the Skeleton Optics Eyewear portfolio. For more information: Eric.Storey@skeleton-optics.com, 201-370-5582. SOURCE Stronger Leadership, LLC

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