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AllClear Underground Solutions, LLC completes acquisition of Metals & Materials Engineers, LLC to enhance service offerings

Apr 17, 2024•about 1 year ago

Acquiring Company

AllClear Underground Solutions

Acquired Company

Metals & Materials Engineers

Pinellas ParkStone MountainConstructionWaterWater PurificationWater

Description

AllClear Underground Solutions, LLC has successfully completed the acquisition of Metals & Materials Engineers, LLC. This acquisition expands AllClear's customer base and geographic reach, diversifies its service offerings, and solidifies its position as a regional leader in the industry. The partnership will enhance the delivery of comprehensive suite of inflow and infiltration prevention services in north Georgia.

Company Information

Company

AllClear Underground Solutions

Location

Pinellas Park, Florida, United States

About

AllClear Underground Solutions, LLC is a diversified provider of underground water and wastewater infrastructure repair and rehabilitation services, offering open-cut water and wastewater pipe repair, cementitious and epoxy-based manhole and asset rehabilitation, trenchless cured-in-place pipe lining, closed-circuit television pipe inspection, and other underground rehabilitation services. The company was formed in 2022 with the acquisition of Rowland Inc., a family-owned company for over 30 years, and serves a wide variety of municipalities in the greater Tampa / St. Petersburg-area.

M&A Insights

Based on deal data
Integration 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