Acquiring Company
Celebrity Coaches
Acquired Company
BandWagon RV Rentals
Description
Celebrity Coaches has announced its acquisition of BandWagon RV Rentals, a provider specializing in mid-level tour transportation. This acquisition will allow Celebrity to broaden its range of vehicles and customized solutions for clients in the entertainment industry. The integration will support the growing demand for diverse transportation options for touring managers and artists.
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