Lrs Announces Acquisition Of Ditch & Associates In Complementary Bolt-On, Transaction Densifying Its Footprint In Topeka, Kan
May 09, 2022•over 3 years ago
Acquiring Company
LRS
Acquired Company
DITCH & ASSOCIATES IN BOLT-ONTRANSACTION IN TOPEKA
Description
LRS, the Midwest's leading independent waste diversion, recycling and portable services provider, today announced the acquisition of Topeka-based Ditch & Associates, a fourth generation family-owned roll-off, commercial and residential waste services provider; financial terms were not disclosed and the acquisition is effective immediately.
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