Bernhard Capital's Dept. of Energy Services Platform Acquires SMSI for Mission-Critical Clients
Apr 16, 2024•over 1 year ago
Acquiring Company
Bernhard Capital Partners
Acquired Company
Strategic Management Solutions (SMSI)
Description
Bernhard Capital's Department of Energy services platform has strategically acquired Strategic Management Solutions, LLC (SMSI), a leading provider of expert management and technical consulting services for federal and large industrial clients focused on nuclear programs and projects. The acquisition strengthens the national platform's capabilities and positions it as a go-to resource for essential consulting, program management, engineering, procurement, safety, and field services within the DOE Complex and National Security Enterprise.
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