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Garten Acquires Leanbox

Aug 20, 2021•almost 4 years ago

Acquiring Company

Garten

Acquired Company

LeanBox

Description

garten, a leading provider of healthy food and workplace wellbeing services, today announced it has acquired LeanBox, the fresh food kiosk provider. The acquisition will enable garten to extend its employee wellbeing services through expanded unattended food kiosks and cafe services to offices across the country, providing employers with a variety of healthy options to feed their returning onsite employees.

Company Information

Company

Garten

About

Garten Wellbeing, PBC, formerly Oh My Green, PBC, is creating workplace wellbeing through healthy food and innovative wellbeing services. Founded in 2014, garten offers a wellbeing platform that brings nutritious snacks, meals, drinks and wellbeing practices to the workplace through micro-kitchens, micro-markets, catering, Snack from Home boxes and virtual engagement. Based in the San Francisco Bay Area, garten works with startups to Fortune 500 companies across a range of industries. Visit www.garten.co for more information.

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