Innovative Food Holdings, Inc. Completes Acquisition of Golden Organics, Inc. to Expand Organic Products Market
Nov 24, 2024•about 1 year ago
Acquiring Company
Innovative Food Holdings
Acquired Company
Golden Organics
Description
Innovative Food Holdings, Inc., a Florida corporation, has successfully completed the acquisition of Golden Organics, Inc., a Colorado corporation. This acquisition aimed to expand Innovative Food Holdings' presence and offerings in the organic ingredients and food products market.
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