Waste And Recycling Powerhouse Lrs Completes Monumental Acquisition Of Regional Leader Michiana Recycling & Disposal And Modern Waste Systems
Jan 09, 2023•almost 3 years ago
Acquiring Company
Recycling
Acquired Company
Pwr Lab
Description
LRS, among the nation's leading independent waste, recycling and portable services providers, today announced its largest acquisitions to date: Michigan-based Michiana Recycling & Disposal and Modern Waste Systems. These acquisitions are effective immediately and financial terms were not disclosed.
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