Acquiring Company
C-P Flexible Packaging
Acquired Company
C-P Flexible Packaging
Description
C-P Flexible Packaging (C-P), a leader in the flexible packaging industry, today announced the acquisition of privately held Sycamore Sales, Inc. d.b.a. Preferred Packaging located in Norcross, Georgia. Preferred Packaging is a manufacturer of multilayer flexible films, thermoformed containers and a supplier of tray sealing equipment for meal solution providers and school systems. C-P is a long-standing portfolio company of First Atlantic Capital, a New York based private equity firm. Terms of the transaction were not disclosed.
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