Acquiring Company
Cobalt Wine Logistics
Acquired Company
North Coast Logistics
Description
Cobalt Wine Logistics LLC has acquired North Coast Logistics, Inc., aiming to enhance logistics solutions within the wine and spirits storage and transportation industry. This acquisition will strengthen Cobalt's domestic transportation capabilities and expand its service offerings. The combined expertise will provide improved logistics solutions for current and future clients in the wine industry. Cobalt's Napa warehouse will serve as the primary facility for the expanded services.
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