Acquiring Company
Del-Air Plumbing, Air Conditioning and Electric
Acquired Company
McGowan's Heating & Air Conditioning
Description
Del-Air Plumbing, Air Conditioning and Electric has acquired McGowan's Heating & Air Conditioning, expanding its service area into northeast Florida. This acquisition marks Del-Air's seventh purchase in just 14 months and strengthens its position in the Florida HVAC market. McGowan's will now operate under the Del-Air brand, enhancing service offerings in the Jacksonville metro area.
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