logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Gnco, Inc. Acquires Intermountain Lift Truck

Nov 01, 2022•about 3 years ago

Acquiring Company

GNCO

Acquired Company

Intermountain Lift Truck

ManufacturingAutomotiveManufacturing

Description

GNCO, Inc., has acquired Intermountain Lift Truck, effective November 1, 2022.

Company Information

Company

GNCO

About

GNCO is the parent corporation of several material handling companies across the United States. Each business within the GNCO family is independently operated and has separate product offerings. Our operating companies deliver safe, high-quality industrial products and services to meet our customers' needs. Our synergy and expertise enable our operating companies to be the best equipment distribution suppliers of choice. Stay up to date with GNCO by following us 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