Revive Infrastructure Group Acquires Assets Of Elite Utilities And Trenching
Feb 01, 2022•over 3 years ago
Acquiring Company
Revive Infrastructure Group
Acquired Company
Elite Utilities
Description
Revive Infrastructure Group, a leading provider of critical infrastructure services, announced today that it has acquired the assets of Elite Utilities and Trenching in partnership with Sileo Capital and Brightwood Capital. Terms of the transaction 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