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Certified Power Solutions Acquires Skarda Equipment Company

Jun 15, 2022over 3 years ago

Acquiring Company

Certified Power Solutions

Acquired Company

Skarda Equipment

Natural ResourcesSoftwareManufacturing

Description

Certified Power Solutions (www.certifiedpowersolutions.com) has announced the acquisition of Skarda Equipment Company—a fluid power distributor serving all major industries across Nebraska, Iowa, Kansas and Missouri. Through this acquisition, Certified Power will expand its geographic reach and strengthen offerings and capabilities in industrial and mobile fluid power applications.

Company Information

Company

Certified Power Solutions

About

For more than 50 years, Certified Power Solutions (CPS) has worked to move the fluid power industry forward with system integrations, solutions and support. Certified Power is a premier value-added hydraulics and electronic controls supplier, specializing in the design, integration, and assembly of fluid power systems. With an experienced team of technical experts, our company supports customers with advanced application engineering, distribution, inventory management, and service and repair capabilities to maximize machine uptime and increase productivity. Certified Power conducts business with integrity and strives to exceed customer expectations, while providing value and innovation in our products and services throughout our Midwest locations. For more information, contact Certified Power Solutions at 763-493-9380 or via email at cps-mn@certifiedpower.com and visit us online at www.certifiedpowersolutions.com.

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