Acquiring Company
LawnPRO Partners
Acquired Company
Concord Custom Lawn Care
Description
LawnPRO Partners has acquired Concord Custom Lawn Care, a New Hampshire-based company. This move aims to enhance LawnPRO's presence in the New Hampshire market. The acquisition ensures that all existing employees of Concord will be retained. Tim Doyle, the owner, has retired following the sale.
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