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Acquiring Company
Momentum Environmental
Acquired Company
Corbett Industrial Cleaning Services
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.
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