Ironclad Environmental Solutions Acquires Adler Tank Rentals Creating A National Platform For Delivering Specialty Waste Management, Containment, And Transport Solutions
Feb 01, 2023•almost 3 years ago
Acquiring Company
Ironclad Environmental Solutions
Acquired Company
Adler Tank Rentals
Energy
Description
Following its December 15, 2022, relaunch and brand update, IRONCLAD Environmental Solutions has today announced its acquisition of Adler Tank Rentals, expanding its service offerings, assets and geographic reach.
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