Free weekly newsletter
Get the free weekly M&A digest
The new M&A deals, who’s behind them, and what they mean — delivered to your inbox every week. No credit card, unsubscribe anytime.
Weekly Digest
New M&A deals, summarized for you
Straight to Inbox
No login, no app to check — it comes to you
Deal Trends
See who's moving and how much in your market
No credit card required Weekly M&A digest
Prime Drink Group enters into letter of intent to acquire Beach Day Every Day
PRIVATENov 26, 2024•over 1 year ago
Acquiring Company
Prime Drink Group Corp
Acquired Company
Beach Day Every Day
MontrealQuebecFood and BeverageDescription
Prime Drink Group has entered into a non-binding letter of intent to acquire Beach Day Every Day, a leading brand in the Québec ready-to-drink beverage market. This acquisition will enable Prime Drink Group to add a premium, fast-growing brand to its portfolio and gain access to the positive benefits of Beach Day Every Day's recent expansion activities in the rest of Canada and the United States.
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