Xfs Global, Llc Announces The Acquisition Of The Assets Of Creative Tent International, Llc
Oct 03, 2023•about 2 years ago
Acquiring Company
XFS Global
Acquired Company
CREATIVE TENT INTERNATIONAL
Description
XFS Global, LLC, a manufacturer of state-of-the-art, fully integrated semi-permanent engineered fabric shelter systems, today announced the acquisition of the assets of Creative Tent International, LLC. XFS Global is a newly qualified service-disabled veteran owned small business (SDVOSB), recently formed with the support of Lake Country Capital, an investment firm that provides transitional and growth capital to U.S.-based lower middle market companies. The Creative Tent International leadership team will assume leadership for XFS Global.
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