Great Range Capital acquires Citadel Security Holdings, Inc. and supports its acquisition of Metropolitan Protective Services, LLC
Jun 26, 2024•about 1 year ago
Acquiring Company
Great Range Capital
Acquired Company
Citadel Security
Mission WoodsNixaAngel InvestmentVenture CapitalFinanceGovernmentSecurityDescription
Great Range Capital (GRC), a private equity firm based in Kansas City, has acquired Citadel Security Holdings, Inc. (Citadel). GRC also provided funding for Citadel's concurrent acquisition of Metropolitan Protective Services, LLC (MPS), a security patrol services business based in Denver. This partnership with GRC will support Citadel's ongoing execution of its organic growth strategy and establish a scalable platform for growth through complimentary acquisitions.
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