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Ecm Industries Acquires Briscon Electric Manufacturing Corporation

Jan 05, 2022•almost 4 years ago

Acquiring Company

ECM Industries

Acquired Company

Briscon Electric Manufacturing

ManufacturingSoftware

Description

ECM Industries, LLC, today announced the acquisition of electrical staples manufacturer Briscon Electric Manufacturing Corporation. Headquartered in Auburn, MA, Briscon is a recognized leader of electrical staples for cable installations. Briscon will join ECM's other leading brands, Gardner Bender, ILSCO, Sperry Instruments, King Innovation, Bergen Industries, FTZ, Calterm and SSI.

Company Information

Company

ECM Industries

About

Headquartered in New Berlin, Wisconsin, ECM is a global manufacturer and supplier of electrical products for construction, maintenance, lighting, irrigation, landscape supply and gas utility markets. The ECM Industries portfolio consists of leading brands Gardner Bender, Sperry Instruments, Bergen Industries, King Innovation and Calterm. These brands have been supplying electricians, do-it-yourselfers, contractors, and maintenance technicians with a wide variety of innovative products for over 50 years. The ECM brands are widely stocked and distributed through leading wholesalers, retailers, catalogs, and e-commerce distributors. Visit www.gardnerbender.com; www.sperryinstruments.com; www.bergeninc.com; www.kinginnovation.com; www.ilsco.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