BluMetric Environmental Inc. Acquires Gemini Water, LLC to Expand CleanTech Portfolio and Enter U.S. and Caribbean Markets
Sep 24, 2024•about 1 year ago
Acquiring Company
BluMetric Environmental
Acquired Company
Gemini Water
OttawaGainesvilleEnvironmental ConsultingConsultingWater PurificationWaterManufacturingDescription
BluMetric Environmental Inc., a full-service environmental consulting and engineering cleantech firm, has completed the acquisition of U.S.-based Gemini Water, LLC. This strategic move marks BluMetric's expansion in the cleantech water portfolio and its entry into the Caribbean and U.S. water markets, allowing for the provision of innovative and sustainable water treatment solutions to a wider 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