Real-time funding, M&A, exec moves & hiring — the signals that move deals
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Acquiring Company
Advantage Services Group
Acquired Company
Brooks Heating & Air
Description
Advantage Services Group has announced its acquisition of Brooks Heating & Air, marking its entry into the Virginia market. This expansion allows ASG to grow its footprint across multiple states, including Oregon, California, Colorado, and Virginia. Brooks will continue to operate under its brand while gaining access to ASG's resources and support. The move underscores ASG's commitment to long-term growth in the residential HVAC industry.
Related People
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