Acquiring Company
The SEER Group
Acquired Company
Kilowatt Heating, Air Conditioning and Electrical
SeattleSherman OaksConsumer GoodsBuilding MaintenanceConstructionEnergyDescription
The SEER Group is expanding its presence in California by acquiring Kilowatt Heating, Air Conditioning and Electric. This acquisition aims to enhance service offerings and meet the growing needs of customers in the San Fernando Valley. CEO Justin Nagy expressed excitement about integrating Kilowatt's team and reputation. The move is part of SEER's strategy to invest in and support quality operators.
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