Tide Rock completes acquisition of Premier Packaging Inc. to strengthen packaging and warehousing solutions
May 06, 2024•over 1 year ago
Acquiring Company
Tide Rock
Acquired Company
Premier Packaging
Description
Tide Rock, an unlevered buyout firm, has acquired Premier Packaging Inc., a contract packaging company in Memphis, Tennessee. This strategic acquisition is aimed at strengthening packaging and warehousing solutions, leveraging Premier Packaging's expertise in custom supply chain solutions and serving high growth companies and established Fortune 500 companies across the consumer goods market.
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