SEI Group completes acquisition of Panhandle Building Materials, Inc. and EnergyPro Insulation, Inc. to expand its business
Jul 02, 2024•about 1 year ago
Acquiring Company
SEI Group
Acquired Company
Panhandle Building Materials
DoravillePensacolaGrand JunctionCivil EngineeringConstructionBuilding MaterialBuilding MaintenanceConstructionManufacturingManufacturingDescription
SEI Group LLC, a leading installer of insulation and complementary specialty building products, has announced the acquisitions of Panhandle Building Materials, Inc. and EnergyPro Insulation, Inc. These acquisitions reflect SEI Group's continued success in executing its growth strategies and expanding its market presence.
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