Bluejay Capital Partners Completes Acquisition Of Best Warehousing And Transportation
Nov 29, 2022•almost 3 years ago
Acquiring Company
Bluejay Capital Partners
Acquired Company
Transportation
Travel And Tourism
Description
Bluejay Capital Partners, LLC (“Bluejay Capital”), a specialist in logistics and transportation industry investing, has completed its acquisition of Best Warehousing and Transportation Inc (“BWT”), a leading B2B warehousing and transportation business, with 30 locations across 15 states. Terms of the transaction were not revealed.
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