Del-Air Plumbing, Air Conditioning and Electric acquires Colman Heating & Air to expand throughout Florida's Fun Coast
Nov 20, 2024•8 months ago
Acquiring Company
Del-Air Plumbing, Air Conditioning and Electric
Acquired Company
Colman Heating & Air
Lake MaryTitusvilleProfessional ServicesHome ServicesDescription
Del-Air Plumbing, Air Conditioning and Electric, Florida's foremost indoor comfort provider, has expanded its presence across Florida through the strategic acquisition of Colman Heating & Air. This acquisition enables Del-Air to serve Volusia and Flagler counties, including Daytona, Titusville, Cape Canaveral, Cocoa, New Smyrna, Ormond Beach, and Palm Coast, providing a full suite of HVAC, plumbing, and electrical services to homeowners and businesses.
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