Levine Leichtman Capital Partners And Management Acquire In-Place Machining
Sep 22, 2021•almost 4 years ago
Acquiring Company
Levine Leichtman Capital Partners
Acquired Company
In-Place Machining
Description
Levine Leichtman Capital Partners (“LLCP”), a Los Angeles-based private equity firm, announced today that it has acquired In-Place Machining Company, LLC (“IPM” or the “Company”) in partnership with management.
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