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1-800 Hansons acquires Paramount Builders, LLC to expand its residential repair and renovation services

May 15, 2024over 1 year ago

Acquiring Company

1-800 Hansons

Acquired Company

Paramount Builders

TroyVirginia BeachHome ServicesBuilding MaintenanceConstructionBuilding Maintenance

Description

Leading middle-market private equity firm Huron Capital announced that its portfolio company, 1-800 Hansons, has acquired Paramount Builders, LLC. This acquisition accelerates Hansons’s strategy to become one of the fastest growing residential repair and renovation platforms within the United States, expanding the platform’s presence into two highly attractive geographies. The combined Hansons platform will operate 23 branches across 14 states within the Midwest, Mountain West, Mid-Atlantic, and Southeast regions.

Company Information

Company

1-800 Hansons

Location

Troy, Michigan, United States

About

At 1-800-HANSONS, we pride ourselves on presenting the best quality replacement windows, siding, roofing, gutters, gutter guards and bathtubs & showers.

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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