Acquiring Company
JM Steel
Acquired Company
Sun States
Description
JM Steel Corp. (JM) is proud to announce the purchase of Five Star Roll Form, LLC. JM Steel is excited to expand its value-added roll form expertise. JM looks forward to building upon the solutions that Five Star has been giving its loyal customer base in the Trailer, Garage Door, Roofing, and Solar industries. Sun States Steel Corp. will be rolled directly into JM Steel's service center division as of October 7, 2022. All senior employees and management teams of Five Star Roll Form, LLC will remain.
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