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OWS Foods acquires Lillie's Q Sauces & Rubs to accelerate national expansion

Dec 02, 2024•about 1 year ago

Acquiring Company

OWS Foods

Acquired Company

Lillie's Q Sauces & Rubs

Overland ParkChicagoFood And BeverageHospitalityFood and Beverage

Description

Brown Gibbons Lang & Company (BGL) has announced the sale of Lillie's Q Sauces & Rubs, LLC to OWS Foods, positioning the high-end barbeque brand for outsized growth.

Company Information

Company

OWS Foods

Location

Overland Park, Kansas, United States

About

OWS Foods was founded in 1988 to provide the highest quality food ingredients to restaurants and food manufacturers throughout the Midwest. That business has grown and flourished into what today is highly versatile custom food manufacturer, with several nationally distributed CPG brands.

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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