Sterling Investment Partners completes acquisition of PROtect, LLC to strengthen its position in safety and risk management services
Nov 12, 2024•about 1 year ago
Acquiring Company
Sterling Investment Partners
Acquired Company
PROtect
Description
Sterling Investment Partners has successfully acquired PROtect, LLC, a prominent provider of safety, reliability, compliance, and risk management services. This acquisition reflects Sterling's strategic focus on expanding its portfolio and enhancing its offerings in the industrial sector, further solidifying its commitment to delivering high-quality service and creating value for its stakeholders.
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