Allied Industrial Partners-Backed Ces Power Acquires Production Power
Jan 06, 2022•almost 4 years ago
Acquiring Company
Allied Industrial Partners
Software
Description
CES Power LLC ("CES Power"), a leading global provider of mobile power generation, distribution and temperature control equipment backed by industrial-focused private equity firm Allied Industrial Partners, today announced that it has acquired Production Power & Air ("Production Power"), a premier provider of power generation and temperature control services operating in the Southeastern U.S.
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