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True Value Company Acquires Shur-Line & Wordlock Brands

Apr 02, 2023•over 2 years ago

Acquiring Company

True Value

Acquired Company

SHUR-LINE & WORDLOCK

Commerce And Shopping

Description

True Value Company, one of the world's largest hardlines wholesalers, today announced it has purchased certain assets of Nova Wildcat Shur-Line Holdings, Inc., including the Shur-Line and WordLock range of products.

Company Information

Company

True Value

About

True Value is a 76-year-old hardware store headquartered in Chicago, Illinois. It is a nationwide retailer with 4,500 store locations, providing hardware, tools, paint, and other DIY supplies. True Value is known for its iconic brand and commitment to independent hardware stores.

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