Acquiring Company
Alpine Power Systems
Acquired Company
Evergreen Industrial Batteries
Description
Alpine Power Systems, the nationwide leader in premier motive power, telecom, and critical power solutions, announced today that they have acquired the assets of Evergreen Industrial Batteries. The acquisition was made to further strengthen Alpine's already industry-leading certified pre-owned and rental forklift battery and charger program. This is Alpine's 24th acquisition under their current ownership.
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