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Burnham Holdings, Inc. Announces Acquisition Of Combustion Services, Inc.
PRIVATEAug 09, 2023•almost 3 years ago
Acquiring Company
Burnham Holdings
Acquired Company
Combustion Services
Description
Burnham Holdings, Inc. is pleased to announce the acquisition of the assets of Combustion Services, Inc. (CSI Services) located in York, PA. Terms of the transaction were not disclosed.
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