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BradyPLUS completes acquisition of Idaho Package Company (iPAK) to expand industrial packaging coverage in Western United States

Jun 04, 2024•over 1 year ago

Acquiring Company

BradyPLUS

Acquired Company

Idaho Package Company (iPAK)

Las VegasIdaho FallsProfessional ServicesManufacturingAgriculture and FarmingManufacturing

Description

BradyPLUS, a leading distributor of janitorial/sanitation, foodservice, and industrial packaging products, has successfully acquired Idaho Package Company (iPAK). This strategic acquisition enables BradyPLUS to expand its industrial packaging capabilities and scale a priority geography in the Western United States.

Company Information

Company

BradyPLUS

Location

Las Vegas, Nevada, United States

About

BradyPLUS, formerly known as BradyIFS + Envoy Solutions, is a leading national distributor and solution provider focused on JanSan, foodservice, and industrial packaging. The company is driven to make customers more successful and operations more productive and sustainable. With 6,000 associates, BradyPLUS has a passion for delivering innovative solutions for the business challenges of today and tomorrow.

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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