Concentric, Llc, An Onpoint Group Company, Acquires All Battery Sales And Service

Oct 21, 2021•almost 4 years ago

Acquiring Company

Concentric

Acquired Company

All Battery Sales

CarrolltonFacilities Services

Description

Concentric, LLC, the nation’s largest forklift and critical power organization, has acquired All Battery Sales and Service, a leader in DC power for forklifts as well as automotive and specialty power products. This acquisition extends Concentric’s footprint into the Northwest US including Washington, Oregon and Idaho.

Company Information

Company

Concentric

Location

Carrollton, Texas, United States

About

Concentric is the first national industrial power services organization delivering forklift and critical power as well as maintenance solutions that ensure uninterrupted, sustainable facility power. The company’s signature solutions, GuaranteedPOWER® and PerpetualPOWER® are industry firsts, improving reliability, sustainability and safety to solve the power problem for facility leaders. Concentric helps data centers, distributors, manufacturers, utilities, communications infrastructure and more develop resilience in their power systems while making the energy transition with less risk. With a national network of service professionals, Concentric provides engineering, installation and maintenance/management for power equipment including backup batteries, UPS, generators, energy storage, micro grids, forklift power, onsite maintenance and more. Learn more at concentricusa.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