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The Hoffmann Family of Companies acquires Pure Luxury Transportation to expand ground-transportation portfolio

May 02, 2024over 1 year ago

Acquiring Company

Hoffmann Family of Companies

Acquired Company

Pure Luxury Transportation

NaplesPetalumaTransportationTravel

Description

The Hoffmann Family of Companies, a private-equity firm led by billionaire David Hoffmann, has acquired Pure Luxury Transportation, a leading operator of winery tours and chauffeur services in California. This acquisition is part of The Hoffmann Family of Companies' strategy to expand its ground-transportation portfolio and enhance its offerings in the luxury transportation segment.

Company Information

Company

Hoffmann Family of Companies

Location

Naples, Florida, United States

About

The Hoffmann Family of Companies (HF Companies) is a multi-vertical, family-owned private equity firm consisting of over 100 national brands, and employs 9,000 global employees with businesses located in 30 countries and 250 locations around the world. The HF Companies’ verticals include Aviation, Agriculture, Financial Services, Hospitality, Business & Professional Services, Industrial, Manufacturing, Marine, Media & Marketing, Real Estate and Transportation.

FundzWatch™ Score

80
High M&A Activity

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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