VA Shore Group completes acquisition of Chesapeake Armour Stone and Rip Rap LLC to enhance its industrial services
Jan 09, 2025•6 months ago
Acquiring Company
Chesapeake Armour Stone and Rip Rap
Acquired Company
Chesapeake Armour Stone and Rip Rap
Description
VA Shore Group has announced the acquisition of Chesapeake Armour Stone and Rip Rap LLC, a rock and quarry service company based in South Carolina. The acquisition aims to enhance VA Shore Group's industrial services and provide new support and investment to fuel the growth of Chesapeake Armour Stone and Rip Rap LLC.
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