EIS Holdings, LLC completes acquisition of Environmental Technology, Inc. to enhance its environmental service solutions
Apr 23, 2024•over 1 year ago
Acquiring Company
EIS Holdings
Acquired Company
Environmental Technology
Description
EIS Holdings, LLC, one of the largest providers of environmental and infrastructure services, has announced the acquisition of Environmental Technology, Inc. (EN TECH®) headquartered in Phoenix, Arizona. This acquisition represents a key step in EIS' expansion strategy to enhance its market presence nationwide and provide turnkey environmental service solutions under one roof, extending its environmental consulting services into the southwest.
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