Acquiring Company
Frazil
Acquired Company
Berkeley Street Beverage
Description
Frazil has announced the acquisition of key assets from Berkeley Street Beverage, enhancing its presence in the Southern California frozen beverage market. This strategic asset acquisition allows Frazil to serve more customers directly and enhances its operational capabilities. Berkeley Street Beverage is known for its strong customer relationships and local expertise, which Frazil seeks to build upon.
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