Acquiring Company
Atlantic Energy
Acquired Company
Summer Energy
Description
Atlantic Energy Group LLC has successfully acquired most of Summer Energy's commercial customers in Texas. This strategic move is part of Atlantic's initiatives to expand its AE Texas brand and enhance its position in the energy market. Customers can expect a seamless transition and uninterrupted service during the switch to Atlantic Energy. This acquisition marks Atlantic's third in 2025.
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