Fsg Acquires Lighting Management, Inc. (Lmi) To Expand Lighting Service
Oct 03, 2023•about 2 years ago
Acquiring Company
FSG
Acquired Company
Lighting Management
Description
Facility Solutions Group, Inc. (FSG) announced today the acquisition of Lighting Management, Inc. (LMI), located in Valley Cottage, New York. With offices in North Carolina, South Carolina, and Florida, this acquisition allows FSG to further expand its lighting service offerings nationally.
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