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A Cleaner Way Forward™: Clean Solutions Group Acquires Hdk Industries

Nov 20, 2023about 2 years ago

Acquiring Company

Clean Solutions Group

Acquired Company

HDK Industries

MooresvilleRogersvilleManufacturingManufacturing

Description

Clean Solutions Group (CSG), the leading provider of environmentally responsible nonwoven filtration media and cleaning products, backed by Branford Castle Partners, LP, a New York City and Florida based private equity firm, today announced the acquisition of HDK Industries. HDK is a leading producer of wire back and self-supporting media for air filtration, liquid filtration and specialty medical materials. The HDK Industries brand will be consolidated into the Fibrix Filtration brand managed by the holding company CSG, led by Keith White, Chief Executive Officer, and JR Baccus, President.

Company Information

Company

Clean Solutions Group

Location

Mooresville, North Carolina, United States

About

CSG is a leading provider of environmentally responsible nonwoven filtration media and cleaning products. During Branford's ownership period, CSG completed two strategic add-on acquisitions, expanded its facilities, and built a new manufacturing line, achieving significant growth and outperforming expectations.

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