Acquiring Company
Climate Efficiency Partners
Acquired Company
Tri-Tech Energy
Description
Climate Efficiency Partners has successfully acquired Tri-Tech Energy, expanding its HVAC service capacity and customer base in the Mid-Atlantic region. This acquisition bolsters CEP's ability to serve northern and central New Jersey's commercial and industrial clients. With over 35 years of experience, Tri-Tech Energy enhances CEP's offerings in the energy efficiency sector. This move marks another step in CEP's rapid growth strategy.
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