Mei Rigging & Crating Acquires Reno Custom Crating

Aug 25, 2021•almost 4 years ago

Acquiring Company

MEI Rigging & Crating

Acquired Company

MEI Rigging & Crating

Description

MEI Rigging & Crating, LLC ("MEI"), a leading provider of rigging, machinery moving, millwrighting, mechanical installation, industrial storage, crating, and export packing services, announced that it has acquired Reno Custom Crating ("RCC") based in Reno, NV.

Company Information

Company

MEI Rigging & Crating

About

MEI Rigging & Crating, a portfolio company of Dorilton Capital, is one of the largest providers of rigging, machinery moving, millwrighting, mechanical installation, industrial storage, crating, and export packing services in the nation. MEI has a growing team of over 500 employees in eleven operating locations across eight states — California, Texas, Oregon, Nevada, Utah, Arizona, Georgia, and Pennsylvania. With MEI's comprehensive footprint and expansive portfolio, we are able to serve customers with project-specific needs across the country. For more information, visit MEI's website at www.meiriggingcrating.com or Reno's website at www.renocustomcrating.com.

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