Montrose Environmental Group completes acquisition of Two Dot Consulting, LLC to enhance environmental solutions in the Rocky Mountain region
Mar 01, 2024•almost 2 years ago
Acquiring Company
Montrose
Acquired Company
Two Dot Consulting
Description
Montrose Environmental Group, Inc. (NYSE: MEG) has successfully acquired Two Dot Consulting, LLC, a leading environmental consultancy specializing in regulatory services to the oil and gas, and renewables sectors in the Rocky Mountain and adjacent regions. This strategic acquisition aims to enhance Montrose's service offerings in the region by integrating Two Dot Consulting's expertise in navigating complex regulations in oil and gas, renewable energy, and energy development into Montrose's Consulting and Engineering division, further strengthening its position in the environmental solutions industry.
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