Holland Pump Acquires Pump Service & Supply Of Troy Expanding Its Footprint In The Pump Rental Market
Jan 07, 2022•almost 4 years ago
Acquiring Company
Holland Pump Company
Acquired Company
Troy
Software
Description
Holland Pump Company, a leading independent specialty pump rental and dewatering solutions provider, today announced it has completed the acquisition of Pump Service & Supply of Troy – PSS, based in Troy, New York. This marks the third acquisition since partnering with XPV Water Partners and adds to Holland Pump's extensive pump fleet and complete dewatering services offering. PSS increases Holland Pump's capabilities to service municipal and commercial projects across the Northeast.
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