Sciens Building Solutions completes acquisition of Classic Protection Systems to expand presence in the Texas market
Oct 15, 2024•about 1 year ago
Acquiring Company
Sciens Building Solutions
Acquired Company
Classic Protection Systems
Description
Sciens Building Solutions has announced the acquisition of Classic Protection Systems, a highly respected fire and life safety company based in Houston, Texas. This strategic acquisition further expands Sciens' presence in the Texas market and enhances their ability to provide a comprehensive range of services to their expanding customer base.
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