Verdantas Acquires Jm Sorge, Strengthens Environmental Assessment And Remediation And Environmental Health And Safety Services
Sep 07, 2022•over 3 years ago
Acquiring Company
Verdantas
Acquired Company
JM Sorge
Description
Verdantas, a private-equity backed solution provider of engineering, planning, and science services to clients in the natural and built environments, announced today that it had acquired JM Sorge, Inc. (JM Sorge), a provider of Environmental Assessment and Remediation (EAR) and Environmental Health and Safety (EHS) consulting services. JM Sorge strengthens Verdantas’ position with Real Estate, Water, and Government clients.
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