White Cap Acquires ERSCO Construction Supply to Expand Operations in Michigan
Oct 14, 2024•9 months ago
Acquiring Company
White Cap
Acquired Company
ERSCO Construction Supply
Description
White Cap, the leading distributor of specialty construction supplies, has successfully acquired ERSCO Construction Supply, a distributor of concrete accessory products and paving supplies serving non-residential, infrastructure, and residential end markets in Michigan. This acquisition allows White Cap to further accelerate its growth in the Michigan market, benefit from ERSCO's industry expertise, broad product offerings, and customer relationships, and integrate ERSCO into its suite of brands and value-added services.
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