Acquiring Company
FairWave Specialty Coffee Collective
Acquired Company
Black & White Coffee Roasters
Description
FairWave Specialty Coffee Collective has acquired Black & White Coffee Roasters as part of their east coast expansion. This acquisition marks FairWave's 12th brand under their umbrella. Co-founder Lem Butler will be leaving, but the team aims to continue thriving under new ownership.
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