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Acquiring Company
Staples
Acquired Company
Essendant
DeerfieldE CommerceFashionRetailSupply Chain ManagementLogisticsDescription
Staples has acquired Essendant, a wholesale distributor of office supplies, amid ongoing changes in the industry. The merger was announced in 2018 and faced scrutiny from the Federal Trade Commission. Essendant, previously known as Utility Supply Co., has shifted its focus from solely office supplies to a broader range of products, including janitorial items and technology. This acquisition is part of Staples' strategy to expand its product offerings and improve market presence.
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