Acquiring Company
E-J Electric Installation Co.
Acquired Company
Lowy & Donnath
Description
E-J Electric Installation Co. is excited to announce that on the eve of the organization's 125th Anniversary, they are expanding. E-J has acquired Lowy & Donnath Inc., a century-old, Long Island City based electrical contractor that serviced the New York metropolitan area. The team members of Lowy and Donnath will be known as members of E-J Electric. The depth of experience and expertise, particularly in the healthcare market, will enhance the services E-J's clients demand and require.
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