Makai Capital Partners Acquires New Life Chemical & Equipment, Inc., An Industry Leading Chemical Beneficial Reuse Company.
Nov 07, 2023•over 1 year ago
Acquiring Company
Makai Capital Partners
Acquired Company
New Life Chemical
Description
Makai Capital Partners, a Davidson, NC based private equity firm, along with equity investors Capital For Business, Inc. and Konza Valley Capital, has acquired New Life Chemical & Equipment, Inc. ("New Life") of Greenville, SC. New Life is a leading beneficial reuse chemical manufacturing and distribution company serving a diverse array of end markets. This acquisition is the first addition to Makai Capital's specialty chemical manufacturing group, Paladin Holdings, 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