Ls Power To Acquire Natural Gas Power Plant From Arclight Capital Partners
Jun 23, 2022•about 3 years ago
Acquiring Company
LS Power
Acquired Company
LS Power
Description
LS Power today announced that it has reached an agreement with an affiliate of ArcLight Capital Partners, LLC to acquire the Rolling Hills natural gas-fired power plant in Wilkesville, Ohio.
FundzWatch™ Score
79
High M&A Activity
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