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Diversified Maintenance completes acquisition of First Maintenance in Tulsa, OK to enhance service offerings

May 01, 2024•over 1 year ago

Acquiring Company

Diversified Maintenance

Acquired Company

First Maintenance

TampaTulsaFacilities Support ServicesFacility ManagementBuilding MaintenanceBuilding Maintenance

Description

Diversified Maintenance, a leading service provider for facility maintenance services, has successfully acquired Superior Maintenance dba First Maintenance, a well-established commercial cleaning company headquartered in Tulsa, OK. This acquisition underscores Diversified Maintenance’s commitment to enhancing its service offerings and geographical reach to better serve its growing customer base.

Company Information

Company

Diversified Maintenance

Location

Sunforest Dr

Tampa, Florida, United States

About

Diversified Maintenance has been providing client-focused, quality janitorial and facilities maintenance solutions to companies across the United States for almost 50 years. For more information, visit www.diversifiedm.com.

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M&A Insights

Based on deal data
Integration 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