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Hci Equity Partners-Backed Amercareroyal Acquires Team Three Group

Feb 27, 2023almost 3 years ago

Acquiring Company

AmerCareRoyal

Acquired Company

Team Three Group

ExtonHospitality

Description

AmerCareRoyal ("ACR"), a leading supplier of disposable foodservice supplies, gloves and take-out packaging backed by HCI Equity Partners ("HCI"), announced today the acquisition of Team Three Group ("Team Three"). Team Three is ACR's eighth add-on acquisition since HCI's initial investment. HCI is a leading lower middle market private equity firm that focuses on partnering with founder-owned distribution, manufacturing and B2B service companies. Financial terms were not disclosed.

Company Information

Company

AmerCareRoyal

Location

Exton, Pennsylvania, United States

About

ACR is a leading supplier of essential foodservice supplies. It provides a comprehensive range of foodservice essentials and packaging solutions, serving national level customers with outstanding customer service and an ever-growing product line.

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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