Independent Investment Bankers Corp. Announces Huron Capital And Pueblo Mechanical & Control’S Acquisition Of Infinity Contractors
Jul 27, 2021•over 4 years ago
Acquiring Company
Independent Investment Bankers
Acquired Company
Infinity Contractors
Description
Independent Investment Bankers Corp. (“IIB”) is pleased to announce that William Armstrong who is a FINRA licensed investment banker with IIB and founder of Siglo Capital, LLC (“Siglo Capital”) has assisted with their buy-side client, private equity firm Huron Capital Partners’ (“Huron Capital”) HVAC and plumbing installation, retrofit, and repair services platform, Pueblo Mechanical & Controls (“Pueblo”), with the acquisition of Infinity Contractors (“Infinity”), a transaction that will give the company a strong and growing presence in Texas.
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