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Mei Acquires Pro-Pac International

Jul 13, 2023•over 2 years ago

Acquiring Company

MEI Rigging & Crating

Acquired Company

Pro-Pac International

Description

MEI Rigging & Crating, LLC ("MEI"), a leading national provider of rigging, machinery moving, millwrighting, mechanical installation, industrial storage, crating and export packing services, announced that it has acquired Pro-Pac International Inc. ("Pro-Pac") and J&J Machinery Transport, Inc. ("J&J"), both based in Charlotte, North Carolina.

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