The Valcourt Group completes acquisition of Cercone Exterior Restoration, LLC, expanding expertise into historical facade restoration in Manhattan
Sep 25, 2024•10 months ago
Acquiring Company
The Valcourt Group
Acquired Company
Cercone Exterior Restoration
Description
The Valcourt Group, the leading provider of exterior building services, has acquired Cercone Exterior Restoration, LLC, based in New York City. This acquisition deepens The Valcourt Group's expertise in historical facade restoration and marks its entry into the Manhattan metropolitan market, further expanding its range of 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