logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Westwood Professional Services, Inc. completes acquisition of Balzer & Associates, Inc. to enhance geographic reach and service offerings

Dec 03, 2024about 1 year ago

Acquiring Company

Westwood Professional Services

Acquired Company

Balzer & Associates

MinnetonkaVirginiaEnergy

Description

Westwood Professional Services, Inc. (Westwood) has successfully acquired Virginia-based Balzer & Associates, Inc. in line with its vision to expand into new geographic regions and broaden the range of professional services it delivers. This strategic acquisition has added four new offices in Virginia for Westwood and will strengthen its strategic growth initiatives. The values of Balzer & Associates align well with Westwood's culture, and the partnership is expected to provide a broader range of services to clients while creating new opportunities for the combined team.

Company Information

Company

Westwood Professional Services

Location

Minnetonka, Minnesota, United States

About

Westwood Professional Services, Inc. (Westwood) is a nationally renowned design and consulting firm specializing in wind energy, solar energy, energy storage, power delivery, EV infrastructure, commercial, institutional, residential, and public infrastructure projects. Established in 1972, Westwood has a strong focus on its people, culture, and clients, and has rapidly expanded to serve clients across the nation.

Related People

Sign in to view contact details

Sign in to view contact details

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