Avalon Spirits Announces Acquisition Of Tss Brands, The Owners Of Whiskey Row Bourbon
Sep 21, 2023•about 2 years ago
Acquiring Company
Avalon Spirits
Acquired Company
TSS BRANDS
Retail
Description
Avalon Spirits Corporation, a newly formed distilled spirits marketing and sales company, has announced the acquisition of TSS Brands, the owners of Whiskey Row Bourbon.
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