Merger machine crashes;
failed to integrate systems
Complete Business Solutions the £100m+ in sales, Wakefield (UK) based roll up of regional OP resellers has fallen into administartion after failing to achieve refinancing. In recent years, it acquired some top dealers e.g. Bluefish, Irongate, but failed to integrate systems and expand in new market categories. It hit a wall during Covid and has failed to recover losing many key executives...