Sylmar Group completes acquisition of Eastern Technologies, Inc. (ETI) to expand its chemical blending capabilities
Dec 02, 2024•9 months ago
Acquiring Company
Sylmar Group
Acquired Company
Eastern Technologies (ETI)
Description
Sylmar Group, a leader in the industrial water services sector, has announced the acquisition of Eastern Technologies, Inc. (ETI), a leading provider of custom chemical blending, technical support, and related services for the industrial water treatment market. This strategic acquisition marks Sylmar’s first venture into the chemical blending space, aligning with the company’s commitment to customers through management of key supply chain risks across its operations.
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