Acquiring Company
Sonny’s Enterprises
Acquired Company
WashMetrix
Description
Sonny’s Enterprises has acquired WashMetrix to enhance its Quivio business management platform. This acquisition will integrate advanced analytics and business insights, providing car wash operators with comprehensive operational visibility. The move is aimed at accelerating the delivery of new capabilities and transforming data into actionable intelligence. WashMetrix will be embedded into the Quivio ecosystem to streamline operations and improve decision-making.
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