EMCOR Group finalizes acquisition of Miller Electric Company to strengthen its electrical capabilities
Jan 14, 2025•7 months ago
Acquiring Company
EMCOR Group
Acquired Company
Miller Electric Company
Description
EMCOR Group has entered into a definitive agreement to acquire Miller Electric Company for $865 million in cash, subject to customary adjustments. This acquisition will expand EMCOR's electrical capabilities, particularly in high-growth areas such as data centers, manufacturing, and healthcare, by integrating Miller Electric's expertise in complex electrical systems and related technologies across the Southeastern U.S. This strategic acquisition is aligned with EMCOR's goal to enhance its construction services platform and strengthen its position as a leader in delivering high-quality, sustainable services.
FundzWatch™ Score
87
High M&A Activity
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
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