Mister Quik Home Services completes acquisition of Reasonable Plumbing to expand local service offerings
Nov 04, 2024•about 1 year ago
Acquiring Company
Mister Quik Home Services
Acquired Company
Reasonable Plumbing
Description
Mister Quik Home Services, a leading provider of plumbing, electrical, and HVAC services across Indiana, has acquired Reasonable Plumbing, a respected local plumbing company based in southeast Fishers, IN. This acquisition enhances Mister Quik's position as the go-to choice for those searching for a plumber in Fishers, ensuring that residents have access to reliable, community-focused plumbing services.
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