Gas Hub Investments LLC in talks to acquire SQRL Service Stations amid financial troubles
Apr 15, 2024•over 1 year ago
Acquiring Company
Gas Hub Investments
Acquired Company
SQRL Service Stations
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.
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