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Lemoine Announces Acquisition Of Macro Companies

Feb 20, 2023over 2 years ago

Acquiring Company

Lemoine

Acquired Company

Macro Companies

ConstructionLogisticsTransportationOil And Gas

Description

LEMOINE, a Bernhard Capital Partners portfolio company and a leading full-service construction management and disaster recovery firm, announced today that it has acquired Macro Companies, one of the largest emergency fuel and water suppliers in the world.

Company Information

Company

Lemoine

About

LEMOINE, a Louisiana-based ENR Top-400 Contractor with nearly 50 years of experience across the Southern United States, has a long-standing, healthy core practice in commercial construction that has become a foundation for setting and executing strategic goals for expansion to adjacent and complementary business lines. LEMOINE Disaster Services, a service line of LEMOINE, has built a strong foundation supporting governmental entities with disaster recovery, including short-term and long-term recovery programs funded by FEMA and HUD. They have provided exceptional service in repairing and reconstructing thousands of homes across the southeast U.S. and Puerto Rico. In 2019, Bernhard Capital Partners (BCP) acquired a significant financial interest in LEMOINE, catapulting LEMOINE's expansion of a platform to deliver large-scale disaster recovery projects and pursue new delivery models. BCP is a private equity investment firm providing capital to growth companies within the energy, industrial and infrastructure services sectors. BCP was founded in 2013 by Jim Bernhard, former Chairman and CEO of the Shaw Group, and Jeff Jenkins.

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