Forged Solutions Group, An Arlington Capital Partners Portfolio Company, Acquires Steel Industries
Nov 17, 2022•over 2 years ago
Acquiring Company
Forged Solutions Group
Acquired Company
Steel Industries
Manufacturing
Description
Forged Solutions Group, Inc. (“FSG”), a leading provider of complex, precision forged rings and closed die products to aerospace and defense customers, has acquired Steel Industries, Inc. (“Steel Industries” or the “Company”).
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