Acquiring Company
Bernhard Capital Partners
Acquired Company
TechServ
Description
Bernhard Capital Partners has acquired TechServ, establishing a utility engineering and consulting platform. This new entity will focus on supporting grid modernization and expansion in electric power and telecommunication sectors. TechServ operates across 21 states and employs over 850 staff, enhancing BCP's portfolio in essential infrastructure 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