logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Comprehensive Logistics Announces Acquisition Of Global Automotive

Aug 15, 2021over 4 years ago

Acquiring Company

Comprehensive Logistics, Co.

Acquired Company

Global Automotive

Description

Strengthening Comprehensive Logistics capabilities and customer portfolio through the acquisition of Global Automotive Partners, Inc. (GAP).

Company Information

Company

Comprehensive Logistics, Co.

About

Comprehensive Logistics (CLI) partners with customers to design and execute third party logistics (3PL) outsourced warehousing solutions. Services include subassembly, kitting, value-add, warehouse management and dedicated shuttle, short-haul transportation and yard management. All productivity, processes and inventory are controlled through a best-in-class proprietary Warehouse Management System, called STREME. Real-time performance metrics and stock level visibility, including notification alerts, are available on the customer’s mobile devices. As millions of automotive, consumer products and service parts flow through the 20+ facilities in 17 states/provinces throughout North America, CLI’s 3,000+ employees follow the highly engineered processes and customized solutions, incorporating structured control methodologies, quality management systems, uniform operating procedures with strict safety protocols. Industrially diverse original equipment manufacturers (OEMs) and their suppliers have come to trust CLI to perform just-in-time value-added services that are integral to the quality and timely final assembly of their products. >> Follow CLI on LinkedIn

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