CLS, a Portfolio Company of Sentinel Capital Partners, acquires Southeastern Archaeological Research, Inc. (SEARCH)
Sep 19, 2024•over 1 year ago
Acquiring Company
Contract Land Staff
Acquired Company
Southeastern Archaeological Research (SEARCH)
Description
Contract Land Staff (CLS), a Portfolio Company of Sentinel Capital Partners, successfully completes the acquisition of Southeastern Archaeological Research, Inc. (SEARCH). This acquisition further expands CLS's position as a leading provider of land and infrastructure consulting services and strengthens its cultural heritage services.
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