Topspin Consumer Partners Acquires Three Dog Bakery'S Consumer Products Division
Jun 21, 2023•about 2 years ago
Acquiring Company
Topspin Consumer Partners
Acquired Company
Three Dog Brands
Description
Topspin Consumer Partners (“Topspin”), an operationally driven private equity firm focused on the consumer sector, today announced that the firm has acquired the consumer products division of Three Dog Bakery (“TDB” or the “Company”), the creator of humanized dog treats sold at traditional and online retailers. TDB’s existing management team will continue to lead the Company in their current roles. Financial terms of the transaction 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