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Monterey Bay Has Acquired Ameriherb

Jan 24, 2022•over 3 years ago

Acquiring Company

Monterey Bay Herb Co

Acquired Company

Monterey Bay Herb Co

Other

Description

Monterey Bay Herb Co (Monterey Bay) announced today that it has acquired AmeriHerb. Based in Ames, IA, AmeriHerb is a distributor of botanicals, herbs, and spices, selling product primarily through its two e-commerce websites (AmeriHerb.com and Herbalcom.com).

Company Information

Company

Monterey Bay Herb Co

About

Monterey Bay Herb Co is a processor and distributor of botanicals, herbs, teas, and spices. Products are sold online, in bulk and through co-pack agreements into the nutraceutical, food & beverage, pet, and health & beauty end markets. The company's website, herbco.com, has been providing premium botanical ingredients to small businesses for twenty years. Monterey Bay is a Fontenac portfolio company. For more information, please visit www.herbco.com.

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