Angeles Equity Partners Acquires Data Clean And Sterile Science Provider Of Contamination Control Services For Data Centers, Cleanrooms, And Other Critical Environments
Nov 08, 2022•about 3 years ago
Acquiring Company
Angeles Equity Partners
Acquired Company
Contamination Control Services
Description
An affiliate of Angeles Equity Partners, LLC (“Angeles”) has acquired Data Clean, LLC (“Data Clean”), a provider of specialized contamination control and removal services for critical environments. Angeles will partner with Data Clean’s prior owners, Richard Hill and Dean Sirakides. They will retain an ownership stake in the company and are focused on executing a buy-and-build strategy in the critical contamination control sector.
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