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Atkore Inc. Announces Acquisition Of Elite Polymer Solutions

Nov 08, 2022about 3 years ago

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.

Company Information

Company

Atkore

About

Atkore is forging a future where our employees, customers, suppliers, shareholders and communities are building better together – a future focused on serving the customer and powering and protecting the world. With a global network of manufacturing and distribution facilities worldwide, Atkore is a leading provider of electrical, safety and infrastructure solutions. To learn more, please visit at www.atkore.com.

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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