FST Logistics completes acquisition of Dancer Logistics, expanding its Midwest footprint
Aug 01, 2024•over 1 year ago
Acquiring Company
FST Logistics
Acquired Company
Dancer Logistics
Description
FST Logistics, a 100% employee-owned third-party logistics (3PL) company headquartered in Dublin, Ohio, has successfully acquired Dancer Logistics, a prominent warehousing and transportation company based in Delphos, Ohio. This strategic move marks a significant milestone in FST Logistics' growth strategy and strengthens its position in the logistics industry, allowing for extended services and enhanced competitiveness.
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