Point 41 Capital Partners forms new restoration services platform with Georgia Water & Fire Restoration and Property Medics of Georgia
Sep 12, 2024•over 1 year ago
Acquiring Company
Point 41 Capital Partners
Acquired Company
Georgia Water & Fire Restoration and Property Medics of Georgia
Investment ManagementBuilding Maintenance
Description
Point 41 Capital Partners has partnered with Georgia Water & Fire Restoration and Property Medics of Georgia to form a new restoration services platform. The new platform will focus on everyday loss events and provide comprehensive restoration services, including mitigation, environmental remediation, contents cleaning and storage, and reconstruction.
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