Acquiring Company
Briidge Inc.
Acquired Company
Maddox Industrial Group
Description
Bridge Industries LLC ("Bridge"), through its newly formed subsidiary Maddox Industrial Group, LLC, announces its strategic acquisition of Maddox Industrial Group ("MIG"), a prominent industrial solutions specialist serving essential industries including healthcare, medical, manufacturing, air separation, water/wastewater treatment, and others.
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