Sunbelt Solomon Services completes acquisition of Valley Transformer, Inc. to expand its presence in the Pacific Northwest
Jun 11, 2024•about 1 year ago
Acquiring Company
Sunbelt Solomon Services
Acquired Company
Valley Transformer
Description
Sunbelt Solomon Services, a leading provider of customized electrical power solutions and services, has announced the acquisition of Valley Transformer, Inc., a provider of transformer repair and reconditioning services in the Pacific Northwest. This strategic acquisition enables Sunbelt Solomon to expand its customer base and capabilities in the region, offering full lifecycle management solutions, expanded inventory, and enhanced field and rental 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