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Wize Solutions Acquired Warehouse Equipment Contractors, Inc.

Jul 26, 2023•over 2 years ago

Acquiring Company

Wize Solutions

Acquired Company

Warehouse Equipment Contractors

Construction

Description

Today, Wize Solutions announced the close of its acquisition of the Warehouse Equipment Contractors, Inc. installation business. This strategic acquisition will provide WIZE with additional experienced teams of warehouse installation employees in the Southern California market that has strong and connected leadership. Hear the details directly from Wize leadership on the announcement video here: WIZE Acquisition Announcement Video

Company Information

Company

Wize Solutions

About

Wize Solutions is a national leader in material handling integration solutions. With successful projects across all 50 states as well as Australia, Canada, Japan, Mexico and more, Wize has the experience, industry relationships and high standards to get the job done safely and on time. The Wize Solutions Way provides its installation crews annual training programs to remain up to date on all industry innovations. Offering specialty installation services for shelving, wire guidance, mezzanine, lockers, industrial fans, rack repair, curtain walls and just about anything a warehouse needs to stay efficient, Wize is the only partner you need when building or retrofitting and upgrading a warehouse.

M&A Insights

Based on deal data
Integration 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