Acquiring Company
Montway Auto Transport
Acquired Company
Angels Moving Autos
Description
Montway Auto Transport has acquired Angels Moving Autos, enhancing its luxury vehicle shipping services. This acquisition allows Montway to scale its capacity for handling high-end sports cars and luxury vehicles. Dina Gifford, the founder of Angels, will continue as General Manager to ensure continuity. The merger positions Montway favorably within the growing luxury car market.
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