Acquiring Company
Smoker Friendly
Acquired Company
Tobacco Superstores
Description
The Cigarette Store LLC (TCS) dba Smoker Friendly, has acquired Tobacco Superstores based out of Forrest City, AR. The 79 stores are spread across Arkansas, Tennessee, Mississippi, Missouri, and Kentucky and will be rebranded Smoker Friendly and introduce the SF cigarette and tobacco product lines to the TSS consumers. Smoker Friendly will operate these stores with the continued dedication to customer service, pricing, and product selection that Tobacco Superstore customers are accustomed to.
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