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Momentum Environmental acquires Corbett Services

PRIVATEJul 27, 202613 days ago

Acquiring Company

Momentum Environmental

Acquired Company

Corbett Industrial Cleaning Services

BathWaste ManagementService Industry

Description

Momentum Environmental has acquired certain assets of Corbett Industrial Cleaning Services. This acquisition enhances Momentum's capabilities in eastern New York and New England. The move is part of Momentum's strategy to expand its operational presence and service offerings. This acquisition is expected to strengthen Momentum's position in the environmental services market.

Company Information

Company

Momentum Environmental

Location

Bath, New York, United States

About

Momentum Environmental, LLC is a vertically integrated environmental services platform providing non-discretionary industrial cleaning, waste processing, emergency response, and field services to several industries across the Northeast and Mid-Atlantic. It operates multiple locations in New York and is currently constructing a NYSDEC Part 360 non-hazardous waste processing facility in Bath, which will open in late 2024.

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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

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