Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →
Acquiring Company
PURIS
Acquired Company
Amici Engineering Contractors
Description
PURIS, LLC has completed the acquisition of Amici Engineering Contractors, enhancing its water infrastructure services. Amici specializes in underground utility solutions, complementing PURIS' offerings. This acquisition aims to support both companies' growth in the infrastructure sector. The partnership is expected to foster continued growth for Amici under PURIS' platform.
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