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Socotec Acquires Trinity | Erd

Oct 11, 2022almost 3 years ago

Acquiring Company

SOCOTEC

Acquired Company

Trinity

Description

SOCOTEC Consulting, Inc., a leading provider of TIC (Testing, Inspection, and Certification), consulting, and advisory services with a strategic focus on building and infrastructure sectors, announced today that it has completed the acquisition of Trinity | ERD, an architecture and engineering company specializing in building envelope consulting, forensic investigation, and litigation support. Founded in 1986, Trinity | ERD has extensive expertise in servicing the existing buildings market across the country out of their offices in Washington, Hawaii, and Louisiana.

Company Information

Company

SOCOTEC

About

Le groupe SOCOTEC propose à ses clients et partenaires des missions tout au long du cycle de vie du bâti afin d’en assurer la conformité, prolonger leur durée de vie, améliorer leur performance technique, énergétique et environnementale, et garantir ainsi la sécurité des personnes.

M&A Insights

Based on deal data
Integration 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