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Xpel Acquires Assets Of Australian-Based Distributor

Oct 03, 2022•about 3 years ago

Acquiring Company

XPEL

Acquired Company

Distributor

Manufacturing

Description

XPEL, Inc. (Nasdaq: XPEL) (the “Company”), a global provider of protective films and coatings, today announced the acquisition of the paint protection film business of Car Care Products Australia, a distributor of automotive protective films serving Australia. Car Care Products Australia will remain in business selling its non-paint protection film products.

Company Information

Company

XPEL

About

XPEL is a leading provider of protective films and coatings, including automotive paint protection film, surface protection film, automotive and commercial/residential window films, and ceramic coatings. With a global footprint, a network of trained installers and proprietary DAP software, XPEL is dedicated to exceeding customer expectations by providing high-quality products, leading customer service, expert technical support and world-class training. XPEL, Inc. is publicly traded on Nasdaq under the symbol “XPEL”.

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