Huizenga Group Acquires Adaptek Systems And Api Alliance

Nov 01, 2023•about 2 years ago

Acquiring Company

Huizenga Group Automation

Acquired Company

Adaptek Systems

Grand Rapids

Fort Wayne

Fort WayneSecurityManufacturingManufacturingManufacturing

Description

Huizenga Group Automation today announced the addition of Adaptek Systems and API Alliance to its growing portfolio of automation companies.

Company Information

Company

Huizenga Group Automation

Location

Grand Rapids, Michigan, United States

About

The Huizenga Group is a privately held firm that manages a diverse family of companies that are involved in custom automation machine building, tool & die, electrical contracting, highly engineered automotive component manufacturing, pharmaceutical contract packaging and precision machining.

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

Huizenga Group Acquires Adaptek Systems And Api Alliance

Description

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M&A Insights

Company Information