Levine Leichtman Capital Partners Portfolio Company In-Place Machining Acquires East Coast Metrology
Feb 02, 2023•over 2 years ago
Acquiring Company
Machining
Acquired Company
East Coast Metrology
Description
In-Place Machining (“IPM”), a portfolio company of Levine Leichtman Capital Partners (“LLCP”), announced today that it has acquired East Coast Metrology, LLC (“ECM” or the “Company”). ECM, headquartered in Topsfield, Massachusetts, is a leading provider of precision measurement services, specializing in 3D scanning and modeling, reverse engineering and design, training and certification, instrument calibrations, integration and alignment services.
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