Controlled Environment Systems Acquires Coldroom Systems; Closing Out 2021 With Ces'S 3Rd Acquisition.
Jan 05, 2022•over 3 years ago
Acquiring Company
Controlled Environment Systems (CES)
Acquired Company
ABOUT Coldroom Systems
ManufacturingScience And Engineering
Description
Controlled Environment Systems, LLC (CES), a market leader in design and construction of special environments such as cold storage facilities and metrology, pharmaceutical and biotech cleanrooms, today announced its acquisition of Coldroom Systems, Inc. (CRS), a regional force in thermal envelope and low-temp construction solutions. Joining Western Environmental Corporation in April 2021, JAX Cool in September 2021, Coldroom Systems Inc. was Controlled Environment Systems' third acquisition of 2021.
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