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Triton Stone Group Of New Orleans Acquires Unique Stone Concepts

Jan 03, 2022•almost 4 years ago

Acquiring Company

Triton Stone Group

Acquired Company

Triton Stone Group

Information TechnologyInformation Technology

Description

Triton Stone Group of New Orleans, a leading national wholesaler and distributor of granite and natural stone products in Louisiana, is acquiring the assets of Unique Stone Concepts. Triton Stone Group will now own six of the Unique Stone Concepts' locations, which are known nationally for their luxurious granite, marble, quartzite and travertine.

Company Information

Company

Triton Stone Group

About

Formed in 2006, Triton Stone Group New Orleans is a leading importer and distributor of granite and other natural stone products. Triton Stone Group provides the highest quality natural stone with a commitment to service and a customer's-first attitude. Now with 24 locations and 2 independently owned and operated licensees across the Southeastern United States, Triton Stone Group has access to one of the largest stone slab inventories in the United States.

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