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Citation Capital acquires majority stake in Aptive Environmental for strategic expansion

Aug 27, 2024•11 months ago

Acquiring Company

Citation Capital

Acquired Company

Aptive Environmental

DallasProvoAngel InvestmentVenture CapitalEnvironmental Services

Description

Citation Capital, a private equity firm specializing in partnering with founder- and family-led businesses, has announced the acquisition of a majority stake in Aptive Environmental, one of the nation's leading pest control companies. Aptive's Co-Founder and CEO, along with the leadership team, will retain significant interest in the Company. This acquisition is expected to propel innovation and expansion for Aptive Environmental.

Company Information

Company

Citation Capital

Location

Dallas, Texas, United States

About

Citation Capital is a next-generation private equity firm specializing in mid-cap control buyout investments in the services, industrial, and select consumer sectors across North America. With a strong track record of partnering with founder- and family-led businesses, the Citation team continues to build upon its investments in businesses with defensible market potential, while preserving and compounding the legacies of families and founders.

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

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