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Littlejohn & Co. Acquires Magnate Worldwide

Jan 03, 2022•almost 4 years ago

Acquiring Company

Littlejohn & Co

Acquired Company

Magnate Worldwide

PortlandSoftwareFinancial ServicesProfessional Services

Description

Littlejohn & Co. LLC, a private investment firm based in Greenwich, CT, today announced that it has acquired Magnate Worldwide (“MWW” or the “Company”), a diversified supply chain management company comprised of a strong portfolio of complementary, premier logistics services focused on premium freight services. Terms of the transaction were not disclosed.

Company Information

Company

Littlejohn & Co

About

Littlejohn & Co. is a Greenwich, Connecticut-based investment firm focused on private equity and debt investments primarily in middle market companies. With approximately $14 billion in regulatory assets under management, the firm seeks to build sustainable success for its portfolio companies through a disciplined approach to engineering change. For more information about Littlejohn, visit www.littlejohnllc.com.

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