Gs Foods Group Acquires Lamm Food Service – Enhancing Operations In The Southeast
Sep 15, 2023•about 2 years ago
Acquiring Company
GS Foods Group
Acquired Company
Lamm Food Service
Description
GS Foods Group, Inc. (“GS Foods”), a leading specialized foodservice distributor owned by affiliates of Highview Capital, LLC (“Highview”) and A&M Capital Partners (“AMCP”), today announced its acquisition of Lamm Food Service, a full-line food distributor headquartered in Lafayette and broadly serving Louisiana.
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