Acquiring Company
Eco Approach
Acquired Company
Propflo
Description
Eco Approach has acquired Propflo to enhance its offering of end-to-end retrofit services. This merger allows Eco Approach to integrate Propflo's AI-powered tools into its operations. The acquisition is set to address the growing demand for energy-efficient solutions in the property sector. Both companies are optimistic about the positive impact on their services and clients.
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