Momentum Environmental completes acquisition of T&R Environmental to catalyze growth in the Northeast and Mid-Atlantic regions
May 21, 2024•over 1 year ago
Acquiring Company
Momentum Environmental
Acquired Company
T&R Environmental
Description
Momentum Environmental, a vertically integrated environmental services platform, has announced the acquisition of T&R Environmental. This strategic acquisition will catalyze Momentum’s growth in the Northeast and Mid-Atlantic regions, leveraging T&R’s exceptional team, strong growth trajectory, and best-in-class services across a variety of end markets.
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