Red Arts Capital's Partners Warehouse completes acquisition of PSS Distribution Services to expand its operational footprint
Dec 12, 2024•about 1 year ago
Acquiring Company
Partners Warehouse LLC.
Acquired Company
PSS Distribution Services
Description
Partners Warehouse, a portfolio company of Red Arts Capital, has announced the acquisition of PSS Distribution Services, a leading third-party logistics provider specializing in warehousing, distribution, and value-added services. This strategic acquisition extends Partners Warehouse’s operational footprint into the nation’s top 3PL service regions, strengthens its expertise in the food and ingredients sector, and enhances its service capabilities.
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