Acquiring Company
VINCI
Acquired Company
Peters Bros Construction Ltd
Description
VINCI Construction has finalized the acquisition of Peters Bros Construction Ltd, strengthening its presence in Western Canada. This acquisition supports British Columbia’s road infrastructure needs amidst significant population growth. Peters Bros has an annual revenue of about CAD 90 million and employs 140 people. The move allows VINCI to enhance its operational capabilities in the region.
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