"Entry Into The U.S. Ev Charging Market" Sk E&S Acquires Evercharge, A Leading U.S. Ev Charging Solutions Provider
Mar 23, 2022•over 3 years ago
Acquiring Company
SK E&S
Acquired Company
EverCharge
Natural ResourcesEnergySustainabilityTransportationReal EstateSoftware
Description
SK E&S is entering the U.S. electric vehicle charging market.
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