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Holland Pump Acquires Pump Service & Supply Of Troy Expanding Its Footprint In The Pump Rental Market

Jan 07, 2022almost 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.

Company Information

Company

Holland Pump Company

About

For over 40 years, Holland Pump has been a leader in the manufacture, sale, distribution, rental and service of specialty pumps and dewatering solutions. With a relentless focus on customer service and enabling its customers to complete their projects faster and with less hassle, Holland Pump has gained a reputation for its expertise in the United States. From their headquarters in West Palm Beach, Holland Pump operates 10 branch operations across Florida, Louisiana, New York and South Carolina. For more information, visit www.hollandpump.com.

M&A Insights

Based on deal data
Integration 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