Flotilla Partners announces successful acquisition of Water Treatment Technologies of Florida to strengthen market position
Aug 06, 2024•over 1 year ago
Acquiring Company
Flotilla Partners
Acquired Company
Water Treatment Technologies of Florida
Description
Flotilla Partners, an Osceola Capital portfolio company, has successfully acquired Water Treatment Technologies of Florida, enhancing its market position and customer base. This strategic move bolsters Flotilla's presence in high growth Florida markets, including Orlando, Tampa, and Jacksonville, and solidifies its reputation as the leading water treatment services business in the state of Florida.
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