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Motive Energy expands local presence in Southern California through acquisition of Deep Cycle Battery San Diego
PRIVATEJan 22, 2025•over 1 year ago
Acquiring Company
Motive Energy
Acquired Company
Deep Cycle Battery San Diego
Description
Motive Energy has acquired Deep Cycle Battery San Diego, strategically expanding its local presence in Southern California.
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