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Leap Partners Completes Their First Acquisition Of 2022

Mar 24, 2022over 3 years ago

Acquiring Company

Leap Partners

Acquired Company

2022

NashvilleIndiaConsultingFinancial ServicesSoftware

Description

Leap Partners, a new Nashville-based home services company, has purchased Conditioned Air Solutions of Huntsville, Alabama in their first acquisition of 2022. With southern hospitality, a deep understanding of operating service businesses, and a focus on putting team members and customers first, John Cerasuolo, CEO, and Patrick Ritter, CFO of Leap Partners have developed a reputation of being preferred buyers for business owners thinking about selling. This was exactly why Paul Snowden, President of Conditioned Air Solutions, decided to originally make a call to John.

Company Information

Company

Leap Partners

Location

Nashville, Tennessee, United States

About

Leap Partners is headquartered in Nashville, Tennessee. The company is working to connect the best small and medium-sized HVAC, plumbing and electrical service businesses in the Southeast to build a world-class employer and service-provider with industry-leading customer satisfaction and employee engagement.

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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