Liberty Service Partners completes acquisition of Easy Electrical Solutions to expand its presence in South Carolina

Jul 17, 2024•over 1 year ago

Acquiring Company

Liberty Service Partners

Acquired Company

Easy Electrical Solutions

New York

ColumbiaConsumer ServicesBuilding Maintenance

Description

Liberty Service Partners has announced the acquisition of Easy Electrical Solutions, a leading residential electrical services contractor in Columbia, South Carolina. This strategic partnership allows Liberty to launch in the South Carolina market and aligns with their core values of customer-first mindset and commitment to lasting relationships.

Company Information

Company

Liberty Service Partners

Location

4505 Bent Tree Plaza Pkwy

New York, New York, United States

About

Liberty Service Partners is a national leader in premium home upgrades, installations, and services, specializing in HVAC, electrical, and plumbing. It was born out of NorthCurrent's flagship investment in late 2020 and is backed by NorthCurrent Partners, a private equity firm headquartered in New York City.

M&A Insights

Based on deal data

Integration 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

Liberty Service Partners completes acquisition of Easy Electrical Solutions to expand its presence in South Carolina

Description

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M&A Insights

Company Information