Acquiring Company
Acquisition
Acquired Company
EnergySolutions
Professional ServicesOther
Description
EnergySolutions, announced today that it has closed the previously announced sale of its majority ownership interest to TriArtisan Capital Advisors (“TriArtisan”). In November 2021, EnergySolutions announced that TriArtisan, an existing shareholder, would acquire the remaining ownership interest in EnergySolutions from its then current majority owner, Energy Capital Partners. Final terms of the transaction were not disclosed.
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