Cci Acquires Majority Stake In European Battery Storage Company S4 Energy Bv
Jan 09, 2023•over 2 years ago
Acquiring Company
CCI
Acquired Company
S4 Energy BV
Description
Castleton Commodities International LLC ("CCI") announced today that a subsidiary has acquired a majority stake in S4 Energy BV ("S4 Energy"), a company that develops, owns and operates large-scale energy storage systems.
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