logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Elis S.A. shows interest in acquiring Vestis Corporation

Sep 09, 2024over 1 year ago

Acquiring Company

Elis S.A

Acquired Company

Vestis Corporation

AtlantaFacilities Services

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.

Company Information

Company

Elis S.A

Related People

Sign in to view contact details

Sign in to view contact details

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