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Core & Main Completes Acquisition Of Earthsavers Erosion Control

Jun 28, 2022about 3 years ago

Acquiring Company

Core & Main

Acquired Company

Earthsavers Erosion Control

St. Louis

Description

Core & Main, Inc., (NYSE: CNM), a leading specialized distributor of water, wastewater, storm drainage, fire protection products and related services, has closed its previously announced acquisition of substantially all of the assets of Earthsavers Erosion Control, LLC, a full-service provider of geosynthetics products, based in northern California.

Company Information

Company

Core & Main

Location

St. Louis, Missouri, United States

About

Based in St. Louis, Core & Main is a leading specialized distributor of water, wastewater, storm drainage and fire protection products, and related services, to municipalities, private water companies and professional contractors across municipal, non-residential and residential end markets nationwide. With more than 285 locations, the company provides its customers local expertise backed by a national supply chain. Core & Main’s 3,700 associates are committed to helping their communities thrive with safe and sustainable infrastructure. Visit coreandmain.com to learn more.

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M&A Insights

Based on deal data
Integration 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