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BEST Inc. merges with BEST Global Partners

Mar 08, 2025•10 months ago

Acquiring Company

BEST Global Partners

Acquired Company

BEST

Cayman IslandsSupply Chain ManagementLogistics

Description

BEST Inc. has completed its merger with BEST Global Partners, resulting in BEST becoming a wholly owned subsidiary. Shareholders will receive cash for their shares, and the company has ceased to be publicly traded. The merger was approved during an extraordinary general meeting held on February 18, 2025.

Company Information

Company

BEST Global Partners

Location

Cayman Islands

About

BEST Global Partners is an exempted company with limited liability incorporated under the laws of the Cayman Islands. It is the parent company that is leading the acquisition of BEST Inc. and will become the indirect, wholly owned subsidiary of Parent, which will be owned by the Consortium members including Mr. Shao-Ning Johnny Chou, Mr. George Chow, Alibaba Investment Limited, and others.

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