Encore Consumer Capital acquires Chalet Desserts with support from O2 Sponsor Finance
Jul 09, 2024•over 1 year ago
Acquiring Company
Encore Consumer Capital
Acquired Company
Chalet Desserts
Description
O2 Sponsor Finance, a division of Old Second National Bank, provided senior secured credit facilities to support Encore Consumer Capital in its acquisition of Chalet Desserts, a specialty manufacturer of frozen bakery desserts based in Sacramento, CA.
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