Pearce Renewables, A Division Of Pearce Services, Acquires Mountain Renewables
Sep 16, 2021•about 4 years ago
Acquiring Company
Pearce Services
Acquired Company
Mountain Renewables
Paso RoblesRenewable EnergyEnergyNatural ResourcesEnergySustainabilityDescription
Pearce Renewables, a leader in engineering, operations, and maintenance for renewable energy infrastructure, today announced the acquisition of Mountain Renewables, LLC, a national provider of technical field services for wind energy and utility-scale solar. The acquisition expands Pearce’s capabilities as a leading independent service provider to the renewable energy industry.
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