Halmos Capital Announces Acquisition Of Northpoint Roofing Systems And The Establishment Of A Roofing Services Platform
Feb 15, 2023•almost 3 years ago
Acquiring Company
Halmos Capital Partners
Acquired Company
Northpoint Roofing Systems
Angel InvestmentVenture CapitalFinanceFinancial ServicesSolarConstructionBuilding Maintenance
Description
Halmos Capital Partners ("Halmos Capital"), a private equity firm focused on lower middle-market companies, announced today that it has partnered with Northpoint Roofing Systems ("Northpoint" or "Company") to support its growth and expansion into new markets. NewSpring, a family of private equity strategies, invested subordinated debt and equity to support the transaction.
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