Acquiring Company
4M Building Solutions
Acquired Company
FKI Cleaning Services
Description
4M Building Solutions has acquired FKI Cleaning Services to expand its operations in Missouri's east-central region. The acquisition adds over 80 client accounts and 46 employees to 4M's team. CEO Tim Murch emphasized the cultural fit and shared values between the two companies. This marks the 38th acquisition for 4M since its inception in 1978.
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