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MEI acquires Northeast Riggers to expand services

Apr 02, 20259 months ago

Acquiring Company

MEI Rigging & Crating

Acquired Company

Northeast Riggers

MinnesotaTransportation

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.

Company Information

Company

MEI Rigging & Crating

About

MEI Rigging & Crating, a portfolio company of Dorilton Capital, is one of the largest providers of rigging, machinery moving, millwrighting, mechanical installation, industrial storage, crating, and export packing services in the nation. MEI has a growing team of over 500 employees in eleven operating locations across eight states — California, Texas, Oregon, Nevada, Utah, Arizona, Georgia, and Pennsylvania. With MEI's comprehensive footprint and expansive portfolio, we are able to serve customers with project-specific needs across the country. For more information, visit MEI's website at www.meiriggingcrating.com or Reno's website at www.renocustomcrating.com.

M&A Insights

Based on deal data
Integration 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