Sun Capital Partners Affiliate Acquires Total Transportation Services, A Leading Provider Of Drayage Transportation Services
Jan 13, 2022•over 3 years ago
Acquiring Company
Sun Capital Partners
Acquired Company
Total Transportation Services
Description
Sun Capital Partners, Inc. (“Sun Capital”), a leading private investment firm focused on defensible businesses in growing markets with tangible performance improvement opportunities, today announced that an affiliate has completed the acquisition of Total Transportation Services (“TTSI” or “the Company”), a leading provider of drayage transportation services with a strong presence at strategically important marine terminals and rail yards across the United States. Drayage—a key link in moving goods along the supply chain—refers to the trucking of cargo containers between ports/rail terminals and inland distribution points.
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