Sei Group Announces Acquisitions Of Coastal Insulation & Fireplaces And Cool Insulation
Feb 02, 2022•over 3 years ago
Acquiring Company
SEI Group
Acquired Company
Insulation
Government And Military
Description
SEI Group LLC ("SEI"), is pleased to announce its acquisitions of Coastal Insulation & Fireplaces, LLC ("Coastal") based in Fredericksburg and Virginia Beach, Virginia and Cool Insulation Company ("Cool") based in Austin, Texas (together, the "Companies").
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