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Atwell acquires Centurion Power majority stake

Aug 07, 2025•about 2 months ago

Acquiring Company

Atwell

Acquired Company

Centurion Power

SouthfieldWashougalReal EstateEnergyRenewable EnergyEnergy

Description

Atwell has acquired a majority stake in Centurion Power to enhance its electrical testing services. The acquisition supports Atwell's growth in the power and energy sector. Centurion Power specializes in electrical acceptance testing and commissioning. This move marks Atwell's fourth acquisition in 2025.

Company Information

Company

Atwell

Location

Southfield, Michigan, United States

About

Atwell is a full-service consulting, engineering and construction services firm that delivers a broad range of creative solutions to clients in the real estate and land development, power and energy, and oil and gas markets. Atwell brings together a broad platform of diverse services to provide customized solutions for your precise industry. As a professional services company, we work together across disciplines to provide industry knowledge and technical expertise while developing and sustaining long-lasting relationships with our clients.

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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