Lrs Densifies Arkansas River Valley Footprint Acquiring Longtime Independent Hauler Lee'S Trash Service
Aug 24, 2022•over 3 years ago
Acquiring Company
LRS DENSIFIES ARKANSAS RIVER VALLEY FOOTPRINT
Acquired Company
HAULER TRASH SERVICE
Description
LRS, among the nation's leading independent waste diversion, recycling, and portable services providers, today announced an expansion of its LRS South territory with the acquisition of Lee's Trash Service, the Arkansas River Valley's provider of choice for residential and commercial waste disposal and roll-off container services. Advisory and legal services were provided by Capstone Partners and Much Shelist, respectively; 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