Engelman's Baking Co. acquires St. Armands Baking Co. with Strategic Partnership
Jun 25, 2024•about 1 year ago
Acquiring Company
Engelman's Baking
Acquired Company
St. Armands Baking
NorcrossBradentonFood and BeverageRetailFood and BeverageRetailDescription
Engelman's Baking Co., a portfolio company of Shoreline Equity Partners, has successfully acquired St. Armands Baking Co., a Florida commercial bakery. This acquisition strengthens the national footprint of Engelman's Baking Co. and creates significant commercial opportunities for both businesses.
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