Acquiring Company
The Legacy Companies
Acquired Company
Vinotemp
Description
Greenfield World Trade, Inc. d/b/a The Legacy Companies (“Legacy”), a leading consumer products and food service equipment provider, today announced that it has successfully closed on its agreement to acquire the assets of Vinotemp Corporation of Henderson, Nevada. Terms of the 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