Triman Industries, A Portfolio Company Of Ae Industrial Partners, Acquires Brighton Cromwell And Crestwood Technology Group
Jan 05, 2022•almost 4 years ago
Acquiring Company
Triman Industries
Acquired Company
Brighton Cromwell
Description
AE Industrial Partners, LP ("AEI"), a private equity firm specializing in aerospace, defense & government services, space, power & utility services, and specialty industrial markets, announced today that its portfolio company Triman Industries ("Triman" or the "Company") has acquired Brighton Cromwell and Crestwood Technology Group ("CTG"). Shareholders from both Brighton Cromwell and CTG will retain significant ownership in the Company and remain in leadership roles going forward. Terms of the transactions 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