Acquiring Company
Freedom CNG
Acquired Company
ComTech Energy
Description
Freedom CNG has acquired ComTech Energy to enhance its ability to deliver innovative fueling infrastructure solutions. The acquisition allows Freedom to offer a flexible hub-and-spoke operational model for low-carbon energy solutions across North America. This strategic move aims to provide efficient mobile refueling services and support the transition to cleaner energy.
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