Spectrum Biotechnologies, LLC completes acquisition of AFCO 360, LLC to enhance wastewater treatment capabilities
Sep 05, 2024•over 1 year ago
Acquiring Company
Spectrum Biotechnologies
Acquired Company
AFCO 360
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.
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