Imperial Dade Acquires The Janton Company & G&L Supply, Adds Density In Ohio
Oct 02, 2023•about 2 years ago
Acquiring Company
Imperial Dade
Acquired Company
Janton
Description
Imperial Dade, a leading distributor of foodservice packaging supplies, industrial products, and janitorial supplies, today announced the acquisition of The Janton Company and G&L Supply (together “Janton” or the “Company”). The transaction represents the 73rd acquisition for Imperial Dade under the leadership of Robert and Jason Tillis, Chairman and CEO of Imperial Dade, respectively. Financial terms of the private 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