Perlo Construction acquires Reimers & Jolivette Inc. (R&J) to expand footprint into downtown Portland
Jul 09, 2024•over 1 year ago
Acquiring Company
Perlo Construction
Acquired Company
Reimers & Jolivette (R&J)
Description
Tualatin-based Perlo Construction has completed the acquisition of Portland-based Reimers & Jolivette Inc. (R&J). Under the new ownership, R&J will now operate as Reimers & Jolivette Construction LLC, while retaining its brand and presence in Portland. This strategic acquisition allows Perlo Construction to extend its presence into downtown Portland and provide access to additional resources and craftspeople, while benefiting from R&J's century-long experience and relationships in the 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