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Quench Announces Acquisition Of Neptune Water Solutions

Feb 09, 2023•over 2 years ago

Acquiring Company

Quench

Acquired Company

Quench

Description

Quench announced today that it has acquired Neptune Water Solutions of Vallejo, CA. Founded in 2009 and operating predominantly in the San Francisco Bay Area, Neptune is one of the largest Wellsys dealers in the United States.

Company Information

Company

Quench

About

Quench USA, Inc. offers bottle-free filtered drinking water solutions for healthy and environmentally conscious consumers outside the home, through direct sales and independent dealers across North America. Our bottle-free water coolers, ice machines, sparkling water dispensers and coffee brewers, purify a user’s existing water supply to provide reliable and convenient filtered water to a broad mix of businesses, including government, education, healthcare, manufacturing, retail, hospitality, and other large commercial customers, including more than half of the Fortune 500. Headquartered in King of Prussia, PA, Quench has sales and service operations across North America to serve our 60,000+ customers, and a network of over 250 independent dealers selling products under the brand names Pure Water Technology, Wellsys and Bluline. Quench is a Culligan Company. For more information, please visit https://quenchwater.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