User Friendly Home Services completes acquisition of Len’s Refrigeration, Heating & Air Conditioning
Nov 01, 2024•about 1 year ago
Acquiring Company
User Friendly Home Services
Acquired Company
Len’s Refrigeration Heating & Air Conditioning
Building MaintenanceConstruction
Description
User Friendly Home Services has successfully acquired Len’s Refrigeration, Heating & Air Conditioning. This strategic move further enhances User Friendly Home Services' ability to provide comprehensive home services and expand its market presence in the HVAC and refrigeration sector.
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