American Industrial Partners' Brock Group Completes Acquisition Of Aegion'S Energy Services Businesses: Brinderson, Schultz & Allsafe
Nov 02, 2022•about 3 years ago
Acquiring Company
The Brock Group
Acquired Company
Strategic Equity Energy
Description
American Industrial Partners ("AIP") and the Brock Group ("Brock") today announced the acquisition of Aegion Energy Services ("AES"), headquartered in Rancho Dominquez, CA.
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