Red Arts Capital completes acquisition of Coregistics to strengthen supply chain and logistics portfolio
Dec 04, 2024•about 1 year ago
Acquiring Company
Red Arts Capital
Acquired Company
Coregistics
AcworthRetailManufacturingDescription
Coregistics, a portfolio company of Red Arts Capital, announced the appointment of Victor Crawford as its new Executive Chairman. With this strategic addition, Coregistics aims to deepen its industry knowledge and expertise by leveraging Victor's extensive experience. The acquisition further strengthens Red Arts Capital's position in supply chain-related and logistics businesses.
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