Endeavor Fire Protection (“Endeavor”) Acquires Allegiant Fire Protection (“Allegiant”), Expanding Its Service Capabilities To Better Serve Customers Throughout The Midwest
Sep 02, 2022•about 3 years ago
Acquiring Company
Endeavor Fire Protection
Acquired Company
Allegiant Fire Protection
Description
Endeavor Fire Protection (“Endeavor”), a platform company of the investment firm Building Industry Partners (“BIP”), has acquired Allegiant Fire Protection (“Allegiant”). Endeavor is a market- leading contractor for a wide array of fire protection and safety needs.
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