Integrated Utility Services (Ius) Acquires Assets Of Stuart Steel Protection Corporation
Jan 10, 2023•over 2 years ago
Acquiring Company
Integrated Utility Services
Acquired Company
Stuart Steel Protection
Description
Houston-based Integrated Utility Services (IUS) has acquired the assets of New Jersey-based Stuart Steel Protection Corporation (SSPC), a manufacturer, packager, and master distributor of corrosion control products, in a deal that closed Monday.
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