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Sodexo's InReach completes acquisition of Capitol Vending and Coffee to enhance food strategy

Jun 13, 2024•over 1 year ago

Acquiring Company

InReach

Acquired Company

Capitol Vending and Coffee

GaithersburgAustinFood And BeverageFood and Beverage

Description

Sodexo's InReach has acquired Capitol Vending and Coffee in Texas to increase its footprint and serve around 250 new clients. This acquisition aligns perfectly with Sodexo's food strategy, complementing their multi-channel offerings and delivering enhanced value to their clients.

Company Information

Company

InReach

Location

Gaithersburg, Maryland, United States

About

InReach's mission is to foster a culture of engagement in workplaces by prioritizing the needs of people by designing welcoming, inviting spaces and offering healthy, delicious food. By adopting this approach, our partners can make the most of their space and achieve exceptional results. We make sure that everything your people need is easily available 24/7.

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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