Hunter Street Partners Acquires Two Equipment Rental Facilities In Florida
Jan 25, 2022•almost 4 years ago
Acquiring Company
Hunter Street
Acquired Company
Two Equipment Rental Facilities
Lending And InvestmentsFinancial ServicesProfessional ServicesOther
Description
Hunter Street, a Minneapolis-based alternative investment management firm, is pleased to announce the expansion of its All-Star Rents platform through the acquisition of two equipment rental facilities that focus on the sale, rental, and servicing of light equipment. Building on the initial acquisition in September 2020 of All-Star Equipment Rental in Naples, the All-Star platform now operates three locations in central and south Florida: Sarasota, Orlando, and Naples.
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