Acquiring Company
StormTrap
Acquired Company
Faircloth Skimmer
RomeovilleHillsboroughConstructionManufacturingWaterDescription
StormTrap has announced its acquisition of Faircloth Skimmer, enhancing its stormwater management product offerings. Faircloth will maintain its brand while becoming a subsidiary of StormTrap. This acquisition is part of StormTrap's strategy to deliver comprehensive solutions for stormwater management. Both companies aim to innovate and promote environmental stewardship in the industry.
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