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Tractor Supply Company completes acquisition of Allivet to expand 'Life Out Here' services

Dec 30, 2024•12 months ago

Acquiring Company

Tractor Supply

Acquired Company

Allivet

BrentwoodMiami LakesRetailFashionE CommercePetAnimal Feed

Description

Tractor Supply Company, the largest rural lifestyle retailer in the United States, has successfully completed the acquisition of Allivet, a leading online pet and animal pharmacy. With this acquisition, Tractor Supply expands its 'Life Out Here' product and services line-up to provide a value-oriented pet and animal prescription service to its 37 million Neighbor's Club members and to Allivet's existing customers.

Company Information

Company

Tractor Supply

Location

Brentwood, Tennessee, United States

About

For more than 85 years, Tractor Supply Company (NASDAQ: TSCO) has been passionate about serving the needs of recreational farmers, ranchers, homeowners, gardeners, pet enthusiasts and all those who enjoy living Life Out Here. Tractor Supply is the largest rural lifestyle retailer in the U.S., ranking 293 on the Fortune 500. The Company’s more than 50,000 Team Members are known for delivering legendary service and helping customers pursue their passions, whether that means being closer to the land, taking care of animals or living a hands-on, DIY lifestyle. In store and online, Tractor Supply provides what customers need – anytime, anywhere, any way they choose at the low prices they deserve.

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M&A Insights

Based on deal data
Integration 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