logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Aegion Announces Acquisition Of Proline Vactor Services

Mar 06, 2023•almost 3 years ago

Acquiring Company

Aegion Corporation

Acquired Company

Proline Vactor Services

St. LouisConstruction

Description

Aegion Corporation, a leading provider of infrastructure maintenance, rehabilitation and technology-enabled water solutions, today announced the acquisition of Proline Vactor Services, a cleaning, inspection and grouting company servicing customers throughout Florida. Proline Vactor Services will now operate as part of Insituform Technologies, an Aegion portfolio company.

Company Information

Company

Aegion Corporation

Location

St. Louis, Missouri, United States

About

Aegion’s market-leading expertise uses technology-enabled water solutions to strengthen, rehabilitate and maintain infrastructure around the world. Since 1971, Aegion companies have pioneered solutions for aging water and wastewater infrastructure. Now and always, Aegion is committed to Stronger. Safer. Infrastructure.®

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