Acquiring Company
Progressive Roofing
Acquired Company
Beldon Roofing Company
Description
Progressive Roofing has acquired Beldon Roofing Company, enhancing its presence in Texas. Both companies, founded on family values and integrity, will continue operating under their respective names. This acquisition is expected to provide employees and customers with greater opportunities and services. No immediate changes to staffing or operations were announced.
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