Acquiring Company
Alsco Uniforms
Acquired Company
MacIntosh Services
Description
Alsco Uniforms, a prominent provider of uniform and linen rental services, has announced the acquisition of MacIntosh Services. This strategic move further solidifies Alsco Uniforms' aggressive growth plans and expands its market presence in the industry.
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