Magnate Worldwide completes acquisition of Quality Air Forwarding to strengthen its Mission Critical Domestic Segment
Mar 19, 2024•over 1 year ago
Acquiring Company
Magnate Worldwide
Acquired Company
Quality Air Forwarding
Description
Magnate Worldwide is pleased to announce the acquisition of Quality Air Forwarding, a top mission critical logistics provider based in Milwaukee, Wisconsin. Through this acquisition, Magnate Worldwide will expand its regional presence and immediately deepen its capabilities in premium, value-added expedited services, while continuing its legacy of over 30 years.
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