Transtech, A Bridge Industries Llc Portfolio Company, Announces Acquisition Of Metalforms Ltd.
Jun 02, 2023•over 2 years ago
Acquiring Company
Metalforms
Acquired Company
Metalforms
Description
Bridge Industries LLC ("Bridge"), through its newly formed subsidiary Metalforms LLC, announces its strategic acquisition of Metalforms Ltd. ("Metalforms"), an industry leader in the design and fabrication of TEMA heat exchangers, ASME pressure vessels, and related services supporting a variety of industries.
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