Huron Capital’s Criticore acquires Jenco Inc. to expand its presence in critical commercial electrical services market
Apr 11, 2024•over 1 year ago
Acquiring Company
Huron Capital
Acquired Company
Jenco
Description
Leading middle-market private equity firm, Huron Capital, through its portfolio company Criticore, has announced the acquisition of Jenco Inc. This acquisition supports Criticore's strategy to execute a buy-and-build within the mission-critical highly technical commercial electrical services sector, expanding its ability to provide a variety of electrical renovation, repair, and maintenance services to customers across uptime-critical end markets such as semiconductor, EV battery, data centers, biotech, healthcare, industrial manufacturing, and higher education.
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