Acquiring Company
Atkore
Acquired Company
Elite Polymer Solutions
Manufacturing
Description
Atkore Inc. (“Atkore”), today announced the acquisition of the assets of Elite Polymer Solutions (“Elite”), a manufacturer of High Density Polyethylene (HDPE) conduit, primarily serving telecommunications, utility, and transportation markets (www.elitepolymersolutions.com) for a purchase price of $91.6 million.
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