Acquiring Company
CoolSys
Acquired Company
T&O Refrigeration
Description
CoolSysTM, the market-leading refrigeration, HVAC, engineering and energy solutions company, announced it has acquired T&O Refrigeration, one of the largest independently owned refrigeration services companies in the Southeast region. With this acquisition, CoolSys expands its market presence throughout the Southeast with significantly increased market share in Georgia and Nashville, Tennessee.
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