Sila Acquires Fahrenheit Hvac - Continued Expansion In Northeast For One Of The Region'S Most Trusted Hvac Experts
Oct 02, 2021•almost 4 years ago
Acquiring Company
Sila Services
Acquired Company
Fahrenheit HVAC
Description
Sila Services LLC (https://sila.com/) recently acquired Fahrenheit HVAC, adding Fahrenheit's commitment to reliably professional same-day HVAC repairs and installations to Sila's already impressive portfolio of companies. Fahrenheit has provided outstanding and affordable care to its customers for over three decades. Sila is an HVAC industry veteran, with an unwavering commitment to customer satisfaction, and has been delivering exceptional home comfort in heating, AC, plumbing and electrical services, throughout the Northeast and Mid-Atlantic, since 1989.
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