Acquiring Company
Groundworks
Acquired Company
Foundation Support Specialists
Description
Groundworks®, the nation's leading foundation, and water management solutions company, announced that it will acquire Foundation Support Specialists ("FFS"), a family-owned company serving San Antonio and Austin. FSS concentrates on providing foundation repair services to homes and businesses, along with crawl space encapsulation, waterproofing services, and concrete repair.
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