The Bluebird Group, An H.I.G. Capital Portfolio Company, Completes Acquisition Of 479 Sales & Marketing
May 05, 2022•over 3 years ago
Acquiring Company
The Bluebird Group
Acquired Company
479 Sales & Marketing
Professional ServicesSales And Marketing
Description
H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with over $48 billion of equity capital under management, is pleased to announce that its portfolio company, The Bluebird Group (“Bluebird”), has acquired 479 Sales & Marketing, LLC (“479”), a Bentonville, Arkansas-based, full-service retail services consulting firm.
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