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Brandpoint Services Acquires Progroup Contracting

Jan 14, 2022•almost 4 years ago

Acquiring Company

BrandPoint Services

Acquired Company

BrandPoint Services

Description

BrandPoint Services, a leading provider of facility maintenance, remodeling, renovation, digital signage, and construction services, proudly announces its acquisition of ProGroup contracting, a leading provider of painting and remodeling services. Both companies serve multi-site commercial clients as they partner with top brands across North America in the retail, restaurant, banking, hospitality, healthcare, grocery, and entertainment industries, on their facility needs.

Company Information

Company

BrandPoint Services

About

Founded in 2003, BrandPoint Services provides Facility Maintenance & Repair, Refresh & Remodeling Project and Construction Services across the US and Canada. BrandPoint works with over a third of the Top 100 National Retailers, as well as restaurant, healthcare and banking brands to improve their spaces and experiences. Its vast vendor network allows BrandPoint to get qualified trades out to client locations across North America to address their facility needs and deliver solutions quickly.

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