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Cintas Acquires Kentucky’s SITEX

Feb 20, 2024•over 1 year ago

Acquiring Company

Cintas Corporation

Acquired Company

SITEX

Henderson CountyFacilities Support ServicesFacility Management

Description

Cintas Corporation has acquired SITEX, a Kentucky-based, family-owned supplier of uniform and facility service programs. This acquisition allows Cintas to expand its services and products for customers and capitalize on Cintas’ supply chain support while still delivering the highest level of service.

Company Information

Company

Cintas Corporation

FundzWatch™ Score

63
High M&A Activity

M&A Insights

Based on deal data
Integration 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