Acquiring Company
Alba Wheels Up
Acquired Company
The Perishable Specialist
Valley StreamMiamiLogisticsTransportationFarmingDescription
Southfield Capital announced that Alba Wheels Up has acquired The Perishable Specialist, enhancing Alba's logistics expertise in perishables. This acquisition expands Alba's presence in Miami and improves services for PSI's clients through a broader network. The partnership strengthens Alba as a key logistics provider in the fresh produce industry. Frank and Ana Ramos will remain with PSI post-acquisition.
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