PRM completes acquisition of LMS Manufacturing, LLC to strengthen environmental remediation capabilities
Nov 01, 2024•about 1 year ago
Acquiring Company
Product Recovery Management
Acquired Company
LMS Manufacturing
Description
Product Recovery Management, Inc. (PRM) has announced the acquisition of LMS Manufacturing, LLC, based in Marianna, Florida. This strategic acquisition enhances PRM's capabilities in environmental remediation and strengthens its presence in the Southeast U.S. market.
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