Envista Forensics Announces Acquisition Of Grecco Construction Consultants
Aug 02, 2021•about 4 years ago
Acquiring Company
Envista Forensics
Acquired Company
Envista Forensics
Description
Envista Forensics, a global consulting firm headquartered in Chicago, announced today that they have acquired Grecco Construction Consultants, a leading national provider of building consulting services based in Memphis, Tenn. Grecco will become part of the Envista Forensics business line. With this announcement, Envista significantly enhances its capabilities, coverage, and strategic position as a leading provider of building consulting services.
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