Control Point Associates Announces The Acquisition Of Mclaughlin Engineering Company
Aug 10, 2023•almost 2 years ago
Acquiring Company
Control Point Associates
Acquired Company
McLaughlin Engineering
Description
Control Point Associates is delighted to announce its purchase of McLaughlin Engineering Co. based in Ft. Lauderdale, Florida. This company has been serving the tight-knit community for the past 85 years, specializing in land surveying services, hydrographic surveys, land planning, and UAV/aerial photogrammetry. This purchase holds significant importance as it marks Control Point's southernmost branch, reinforcing our commitment to the evolution of land surveying.
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