Littlejohn & Co. Acquires United Air Temp, Air Conditioning and Heating to Expand Home Services Platform
Apr 01, 2024•over 1 year ago
Acquiring Company
Littlejohn & Co., LLC
Acquired Company
United Air Temp, Air Conditioning and Heating
Description
Littlejohn & Co., LLC, a private investment firm based in Greenwich, CT, has announced the acquisition of United Air Temp, Air Conditioning and Heating (UAT). UAT is a leading provider of HVAC and plumbing services to residential homeowners in the Mid-Atlantic and Southeastern U.S. The strategic partnership aims to build a market-leading home services platform through a focus on customer service, long-term customer relationships, and growth plans.
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