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Gas Hub Investments LLC in talks to acquire SQRL Service Stations amid financial troubles

Apr 15, 2024over 1 year ago

Acquiring Company

Gas Hub Investments

Acquired Company

SQRL Service Stations

Little RockFinancial Services

Description

SQRL Service Stations, a convenience store company in Little Rock, Arkansas, is facing financial distress with closed stores and ongoing financial strain. Amid these challenges, the company is entertaining a potential acquisition by Gas Hub Investments LLC. The acquisition aims to address significant liquidity issues and ownership change for SQRL Service Stations.

Company Information

Company

Gas Hub Investments

M&A Insights

Based on deal data
Integration 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