Eagle Merchant Partners Acquires Majority Stake in Sam the Concrete Man, the Nation's Largest Residential Concrete Services Franchisor
Oct 23, 2024•about 1 year ago
Acquiring Company
Eagle Merchant Partners
Acquired Company
Sam the Concrete Man
Description
Eagle Merchant Partners, a leading private equity firm, has acquired a majority stake in Sam the Concrete Man (SamCo), positioning the company for its next growth phase. Todd Stewart, CEO of SamCo, will continue to lead and collaborate with Eagle to explore expansion opportunities, including potential service line expansions. This strategic investment aims to drive brand recognition, scale SamCo's franchise network, and capitalize on the substantial growth potential in the U.S. residential concrete services market.
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