Acquiring Company
Allstates WorldCargo
Acquired Company
Saturn Freight Systems
Description
Allstates WorldCargo has acquired Saturn Freight Systems to enhance its logistics capabilities. This acquisition aligns with Allstates' growth strategy and utilizes Saturn's expertise in transportation services. Saturn will retain its name and team post-acquisition.
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