Pape-Dawson Engineers, LLC completes acquisition of Tennessee-Based Firm RaganSmith to expand its civil engineering and surveying practice
Mar 18, 2024•over 1 year ago
Acquiring Company
Pape-Dawson
Acquired Company
RaganSmith
Description
Pape-Dawson Engineers, LLC has successfully acquired RaganSmith, a Tennessee-based engineering firm. This strategic acquisition aligns with Pape-Dawson's goal of expanding its industry-leading civil engineering, surveying, and land planning practice across the United States
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