Gfl Environmental Announces The Acquisition Of Peoria Disposal Company And Provides Update On Year-To-Date M&A Activity
Oct 01, 2021•about 4 years ago
Acquiring Company
GFL
Acquired Company
GFL Environmental
Description
GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company"), a leading North American diversified environmental services company, today provided an update on its year-to-date M&A activity.
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