Ballymore Safety Products completes acquisition of DOC Services to strengthen industry presence
Jul 22, 2024•about 1 year ago
Acquiring Company
Ballymore Safety Products
Acquired Company
DOC Services
Description
Ballymore Safety Products, a portfolio company of One Equity Partners, has successfully acquired a majority ownership stake in DOC Services. This strategic move aims to combine Ballymore's vertical access equipment manufacturing prowess with DOC's nationwide asset maintenance services, creating a formidable player in the sector.
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