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Sila Acquires Astacio Plumbing & Hvac - Expands Hvac Platform In New York And Connecticut

Nov 02, 2021•about 4 years ago

Acquiring Company

Sila Services

Acquired Company

Astacio Plumbing & HVAC

Description

Sila Services LLC (https://sila.com/) recently acquired Astacio Plumbing & HVAC, adding Astacio's high-quality residential and commercial services to Sila's existing business operation in the country's largest metropolitan region. Since 2004, Astacio Plumbing & HVAC has been delivering award winning installations, repairs and service to residential and commercial customers in Westchester County, NY and Fairfield County, CT. Sila is an HVAC industry leader in customer satisfaction and has been delivering exceptional home comfort in heating, AC, plumbing and electrical services, throughout the Northeast and Mid-Atlantic since 1989.

Company Information

Company

Sila Services

About

Since 1989, Sila has offered a wide range of residential services for HVAC, plumbing, electrical, and indoor air quality. Sila serves the Northeastern and Mid-Atlantic United States, servicing customers from New Hampshire to Virginia. For more information, visit: www.sila.com.

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