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Northcurrent Partners Completes Acquisition Of Belle Air

Jul 23, 2021•over 4 years ago

Acquiring Company

NorthCurrent Partners

Acquired Company

Belle Air

Description

NorthCurrent Partners ("NorthCurrent") is pleased to announce its acquisition of Belle Air, a leading HVAC services provider in Florida. Belle Air is NorthCurrent's second platform in the residential services space.

Company Information

Company

NorthCurrent Partners

About

Based in New York City, NorthCurrent Partners is a private investment firm that seeks to partner with and grow companies in the United States. Backed by family office capital, NorthCurrent brings certainty to close and flexibility to structuring transactions and investment partnerships. NorthCurrent focuses on business services, consumer services, and niche manufacturing. Further information about NorthCurrent can be found at www.northcurrentpartners.com. SOURCE NorthCurrent Partners

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