Acquiring Company
Troutman Pepper
Acquired Company
Troutman Pepper Locke
Los AngelesLaw EnforcementLegalProfessional ServicesConsultingDescription
Troutman Pepper Locke celebrates 100 days as a merged firm, showcasing significant achievements in the energy sector. The merger combines the strengths of Troutman Pepper and Locke Lord to offer expanded capabilities in legal services. Key transactions include Summit Midstream's acquisition of Moonrise Midstream and Hull Street Energy's agreement to acquire units from Elwood Energy. This newly formed entity aims to lead in energy legal advisory with enhanced client support.
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