Nexus Capital Management Lp And Hdt Global Acquire Aviation Ground Equipment Corp.
Mar 15, 2023•almost 3 years ago
Acquiring Company
HDT
Acquired Company
Aviation Ground Equipment
Description
Nexus Capital Management LP (Nexus), a Los Angeles-based private equity firm, announced today the acquisition of Aviation Ground Equipment Corp. (AGEC), a privately held, Veteran-owned aviation ground support equipment manufacturer and distributor that serves the military and commercial industries.
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