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Adb Acquires Cincinnati-Based Primetech Communications

Oct 21, 2021•over 3 years ago

Acquiring Company

ADB Companies

Acquired Company

PrimeTech Communications

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Description

Capital Tactics Inc. today announced the sale of PrimeTech Communications to ADB Companies, a portfolio company of private equity firm Warren Equity Partners. The transaction expands ADB's reach into the midwest US, and affords PrimeTech additional growth opportunities as a part of Warren Equity's portfolio of companies.

Company Information

Company

ADB Companies

About

ADB Companies is a leading turnkey provider of technology infrastructure solutions. With four unique business groups – Wireline, Wireless, Engineering, and Technology – ADB provides world-class services across an array of industries, connecting communities and building the nation's infrastructure.

M&A Insights

Based on deal data
Integration 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