Ergoseal completes acquisition of Performance Sealing Solutions, LLC to strengthen market position
Jul 11, 2024•about 1 year ago
Acquiring Company
Ergoseal
Acquired Company
Performance Sealing Solutions
Carol StreamMissionManufacturingManufacturingDescription
Ergoseal, a leading provider of advanced sealing solutions, has announced the acquisition of Performance Sealing Solutions LLC. This strategic acquisition is set to strengthen Ergoseal's market position and expand its product offerings to better serve its global customer base by integrating PSS's expertise and product portfolio.
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