Acquiring Company
MEI Rigging & Crating
Acquired Company
Northeast Riggers
Description
MEI Rigging & Crating, LLC has announced its acquisition of Northeast Riggers. This move strengthens MEI's operations in New England and the Southeast, enhancing its service offerings. The acquisition aligns with MEI's growth strategy and builds upon its extensive network across the nation. Both companies share a commitment to high-quality service and customer satisfaction.
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