Acquiring Company
H.I.G. Capital
Acquired Company
Patriot Pickle
Description
H.I.G. Capital, a global alternative investment firm, has completed the acquisition of Patriot Pickle, a leading manufacturer and distributor of fresh pickles and other fermented foods. H.I.G. Capital is partnering with the current management team to help accelerate Patriot Pickle’s successful growth trajectory, leveraging its sector expertise in the food & beverage industry.
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