Acquiring Company
PAX Services Group
Acquired Company
Culbertson Company of Virginia
Description
PAX Services Group has acquired Culbertson Company of Virginia, enhancing its roofing and restoration capabilities in the Mid-Atlantic region. The acquisition aligns with PAX's goal of providing top-tier services and strengthens operational capacity. Culbertson's expertise and legacy complement PAX's existing offerings. This move is expected to deliver significant value to clients and employees.
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