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Galco Acquires Regional Distributor Zesco

Jan 27, 2023•almost 3 years ago

Acquiring Company

Galco Industrial Electronics

Acquired Company

Distributor

Madison HeightsManufacturing

Description

Galco Industrial Electronics, Inc. (Galco) announced that it has acquired Zesco, Inc., a regional automation solutions provider located in Brecksville, Ohio.

Company Information

Company

Galco Industrial Electronics

Location

Madison Heights, Michigan, United States

About

Galco is a leading global distributor of industrial electronics and automation products and services, providing solutions to increase efficiency, reduce downtime, and enhance safety. From conception to commissioning, Galco also offers repair services, engineering services, and custom control panel solutions to support industrial operations worldwide.

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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