Applied Composites, A Portfolio Company Of Ae Industrial Partners, Acquires North Coast Composites And North Coast Tool & Mold From Unitech
Apr 06, 2022•over 3 years ago
Acquiring Company
Applied Composites
Acquired Company
North Coast Composites
Description
Applied Composites Holdings, LLC ("Applied Composites"), a leading aerospace, space and defense composites supplier, announced today that it has acquired The Companies of North Coast, LLC ("North Coast" or the "Company"), a manufacturer of Resin Transfer Molded ("RTM") composite structures and tooling, from Unitech Holdings, Inc. ("Unitech"). Terms of the transaction were not disclosed.
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