Lochner Acquires K Friese + Associates Adding Water, Drainage And Municipal Services To Infrastructure Portfolio
May 04, 2023•about 2 years ago
Acquiring Company
H.W. Lochner
Acquired Company
K Friese + Associates
ChicagoAustinConstructionCivil EngineeringCivil EngineeringConstructionConsultingDescription
H.W. Lochner, Inc. (Lochner), a leading provider of transportation infrastructure planning and engineering services, is expanding its professional talent and service offering in Texas with the acquisition of K Friese + Associates (KFA).
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