Hc Private Investments Acquires Qei, Inc., An Industrial Automation And Systems Company, In Partnership With Former Owner And Ceo
Jul 27, 2023•about 2 years ago
Acquiring Company
HC Private Investments
Acquired Company
Industrial Automation Systems
Description
HC Private Investments (“HCPI”), a Chicago-based family office private equity firm, today announced that it successfully acquired QEI, Inc. (“QEI”) in partnership with the Company’s former owner and CEO, Normand Lavoie. Terms of the transaction were not disclosed.
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