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Milton Street Capital Acquires Purge Rite, Llc

Oct 04, 2023•about 2 years ago

Acquiring Company

Milton Street Capital

Acquired Company

Purge Rite

Venture Capital

Description

Milton Street Capital LLC ("Milton Street"), a Houston-based private equity firm, is pleased to announce the acquisition of Purge Rite, LLC ("PurgeRite" or the "Company").

Company Information

Company

Milton Street Capital

About

Milton Street is a Houston-based private equity firm focused on control investments in North American manufacturing, rental, distribution, and service companies with EBITDA typically ranging from $5 million to $20 million. The firm seeks opportunities to create value and transform companies into sustainably great businesses through active engagement in strategy, human capital, and commercial and operational improvements.

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