National Convenience Distributors Announces Acquisition Of Century Distributors
Dec 23, 2021•over 3 years ago
Acquiring Company
National Convenience Distributors
Acquired Company
National Convenience Distributors
ManufacturingManufacturing
Description
Today, National Convenience Distributors, LLC announced the acquisition of Century Distributors Inc., one of the Mid-Atlantic region's largest full-line wholesale distributors to the convenience and grocery store industries. Financial terms were not disclosed.
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