Acquiring Company
Kimbel Mechanical Systems
Acquired Company
Gibson Plumbing Company
Description
Kimbel Mechanical Systems has successfully acquired Gibson Plumbing Company, marking its first acquisition. This strategic move allows Kimbel to expand its operations into four rapidly growing regions of Texas. Both companies are committed to enhancing service quality and operational growth. Kimbel aims to support Gibson's customers, employees, and vendors through this acquisition.
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