Acquiring Company
Five Star Breaktime Solutions
Acquired Company
Wilmore Snack Sales
Description
Five Star Breaktime Solutions has acquired the Canteen franchise of Wilmore Snack Sales, expanding its service area into northern Louisiana and eastern Texas. This acquisition allows Five Star to enhance its convenience services in the region. Wilmore Snack Sales has been operational since 1969, providing vending services across multiple sectors. The acquisition will continue existing operations while extending Five Star's market presence.
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