Acquiring Company
York Private Equity
Acquired Company
Healthcare Linen Services Group
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Description
Healthcare Linen Services Group (“HLSG” or the “Company”), a leading provider of healthcare laundry services in the Midwest and Central United States, today announced a strategic growth investment from York Capital Management’s private equity group (“York Private Equity”). 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