Weaver Consultants Group completes acquisition of Avocet Environmental, Inc. to strengthen environmental services
Jun 13, 2024•about 1 year ago
Acquiring Company
Weaver Consultants Group
Acquired Company
Avocet Environmental
Description
Weaver Consultants Group has successfully completed a strategic combination with Avocet Environmental, Inc., a respected environmental consulting company based in Irvine, California. This acquisition marks a significant enhancement of Weaver’s environmental practice group and is set to bring long-term benefits to clients in the environmental and industrial sectors on the West Coast.
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