Traffic & Mobility Consultants Acquires O'Rourke Engineering & Planning in Stuart, FL
Feb 26, 2024•over 1 year ago
Acquiring Company
Traffic & Mobility Consultants
Acquired Company
O'Rourke Engineering & Planning
Description
Traffic & Mobility Consultants (TMC), an Orlando, FL based engineering company specializing in transportation planning and traffic engineering, has acquired O'Rourke Engineering & Planning, a leading traffic and transportation engineering firm located in Stuart, FL. The acquisition enhances TMC's reach and reinforces its commitment to delivering best-in-class solutions in the field of transportation engineering.
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