Executive Decisions Group Inc. Acquires Popular Family Restaurant Franchise The Lost Cajun
May 13, 2022•about 3 years ago
Acquiring Company
Executive Decisions Group
Acquired Company
Summa Franchise Consulting
TransportationFinancial Services
Description
Executive Decisions Group Inc. (EDGI) today announced the Company has acquired The Lost Cajun, a popular family-friendly restaurant franchise concept with a focus on authentic Cajun food served with traditional Southern hospitality. The deal marks EDGI’s first direct acquisition.
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