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Spectrum Biotechnologies, LLC completes acquisition of AFCO 360, LLC to enhance wastewater treatment capabilities

Sep 05, 2024over 1 year ago

Acquiring Company

Spectrum Biotechnologies

Acquired Company

AFCO 360

GonzalesLake CharlesManufacturingWater PurificationWaste ManagementWater

Description

Spectrum Biotechnologies, LLC is delighted to announce the completion of the acquisition of AFCO 360, LLC. The acquisition will bring enhanced capabilities to help their collective customers solve their wastewater treatment, waste disposal, and supply chain challenges. This combination will also create more opportunities for their team members to advance and grow within the business.

Company Information

Company

Spectrum Biotechnologies

Location

Gonzales, Louisiana, United States

About

Spectrum Biotechnologies is a leading provider of de-watering and sludge management services for industrial plants, municipalities, bio-pharma, and other industries. Its services help customers stay in compliance with regulatory bodies and drive meaningful cost savings within their wastewater programs. Spectrum also provides a wide range of supply chain services for chemical manufacturers and end users.

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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