Acquiring Company
GARDINER
Acquired Company
Continental Fire & Security
Software
Description
As a leader in Northern Ohio's commercial HVAC & building technologies industry, GARDINER today announced the acquisition of Continental Fire & Security, Inc. (CFS), an Independence, OH based provider of fire and life-safety and security systems.
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