Acquiring Company
Leap Partners
Acquired Company
2022
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.
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