Acquiring Company
Diversified Energy Company PLC
Acquired Company
Asset Retirement
BirminghamNatural ResourcesEnergySustainabilityDescription
Diversified Energy Company PLC (LSE: DEC) ("Diversified" or "the Company") acquired privately held Nick's Well Plugging LLC ("NWP"), further expanding its internal well-retirement capacity. NWP is a well-established plugging service provider headquartered in Warren, Ohio with a combined 50+ years of oil and gas experience, including plugging oil and gas wells across Appalachia.
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