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PAX Services Group acquires Consolidated Coatings to expand building envelope service offerings

Sep 24, 2024•about 1 year ago

Acquiring Company

PAX Services Group

Acquired Company

Consolidated Coatings

LaurelBaltimoreBuilding MaintenanceBuilding MaterialBuilding MaintenanceConstructionManufacturing

Description

PAX Services Group, a leading provider of roofing and exterior services, has strategically acquired Baltimore-based Consolidated Coatings, Inc. This acquisition marks PAX's further expansion within the Baltimore/DC region and underscores its dedication to expanding its services to encompass the entire building envelope. The collaboration aims to provide a comprehensive 360-degree approach to restoring the entire building envelope, ensuring a streamlined experience and unmatched quality workmanship for clients.

Company Information

Company

PAX Services Group

Location

Laurel, Maryland, United States

About

PAX Services Group, formerly known as Patuxent Roofing & Contracting, Inc., is an innovative building envelope company providing comprehensive roofing, waterproofing and restoration services. Our companies serve commercial, institutional, and industrial clients with large-scale facilities and mission critical operations — allowing facilities to operate at capacity with little or no disruption. From emergency repairs to complex design and build projects, we offer our clients a complete end-to-end partnership with precision driven solutions — protecting your building from the outside in.

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M&A Insights

Based on deal data
Integration 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