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Feast & Fettle acquires WECO Hospitality to accelerate expansion on the East Coast

Dec 03, 2024•about 1 year ago

Acquiring Company

Feast & Fettle

Acquired Company

WECO Hospitality

East ProvidenceActonDeliveryFood and BeverageHospitality

Description

Feast & Fettle, the premium meal delivery service known for its hospitality-oriented model, has acquired WECO Hospitality, a brand renowned for its curated meals and loyal customer base. The acquisition accelerates Feast & Fettle's ongoing expansion on the East Coast, including its highly anticipated launch in Brooklyn, New York, in January 2025.

Company Information

Company

Feast & Fettle

Location

East Providence, Rhode Island, United States

About

Feast & Fettle is a premium meal delivery service known for its quality and commitment to the local community. Operating from its commercial kitchen in Rhode Island, the in-house team provides fully prepared, high-quality meals directly to busy households across the Northeast. The company has received accolades, including Best of Boston, Best of Greenwich, and Best of Rhode Island, reflecting its commitment to excellence.

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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