Acquiring Company
Charger Investment Partners
Acquired Company
Versa-Drill
Description
Charger Investment Partners has acquired Versa-Drill, a top manufacturer of drilling rigs. The acquisition aims to support Versa-Drill's growth and product development in critical infrastructure markets. Charger will partner with Versa-Drill's leadership team to enhance operational capabilities. The acquisition aligns with Charger’s strategy of investing in innovative, founder-led industrial businesses.
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