Priority Waste to acquire GFL's residential solid waste collection business in Southeast Michigan
Jun 06, 2024•over 1 year ago
Acquiring Company
Priority Waste
Acquired Company
GFL Environmental
Description
Priority Waste LLC has entered into an agreement with GFL Environmental Inc. for the acquisition of GFL’s residential solid waste collection business in Southeast Michigan. The acquisition is expected to be completed on or before June 30, 2024, with a focus on providing a smooth transition for employees and customers.
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