Acquiring Company
Elis S.A
Acquired Company
Vestis Corporation
Description
Vestis Corporation, a market leader in B2B uniform and workplace supplies, has received a preliminary inquiry from Elis S.A. regarding a potential transaction. The Board of Vestis Corporation is currently evaluating this and other strategic alternatives.
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