Acquiring Company
Johnson Brothers
Acquired Company
Maverick Beverage Company
Description
Johnson Brothers has announced its acquisition of Maverick Beverage Company's operations in Texas, Arizona, Colorado, and Florida. Approximately 400 team members from Maverick will join Johnson Brothers as part of the deal. The acquisition emphasizes the companies' shared values and commitment to growth in the beverage distribution industry. Maverick's Minnesota and Illinois operations are not included in this transaction.
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