Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →
Acquiring Company
Champions Group Holdings
Acquired Company
Powell Electric
IrvineSouth GateBuilding MaintenanceDescription
Champions Group Holdings has acquired Powell Electric to expand its Southern California service footprint. This acquisition will enhance Champions Group's service capabilities and commitment to quality. Powell Electric retains its brand identity and will operate under its trusted name. The deal emphasizes shared values of customer care and technical excellence.
Related People
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