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Acquiring Company
Huboo
Acquired Company
Sorted Group Holdings
Bristol
United KingdomTransportationInformation TechnologySoftwareDescription
Huboo has acquired Sorted Group Holdings for £1, completing a deal that comes after Sorted previously faced financial difficulties. The acquisition allows the combined group to process over 100 million parcels annually. Huboo plans to enhance its logistics capabilities across the UK and continues to expand its operations globally.
Related People
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