SunDensity, Inc. forms SunDensity Canada with the acquisition of QD Solar, Inc.
Jun 18, 2024•over 1 year ago
Acquiring Company
SunDensity
Acquired Company
QD Solar
Rochester
TorontoSolarRenewable EnergyEnergyManufacturingSolarRenewable EnergyEnergyManufacturingDescription
SunDensity, Inc. has formed a new, wholly-owned subsidiary, SunDensity Canada, through the acquisition of QD Solar, Inc. This acquisition allows both companies to explore a wider range of materials and processes for solar applications, promising to accelerate technology development and contribute to lowering the cost of energy production.
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