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Southeast Mechanical Acquires Gentry Air

May 11, 2023•about 2 years ago

Acquiring Company

Southeast Mechanical

Acquired Company

Gentry Air

Winston-SalemBuilding Maintenance

Description

Southeast Mechanical ("SEM"), headquartered in Winston-Salem, North Carolina, today announced the acquisition of Greensboro, North Carolina-based Gentry Air Inc. ("Gentry Air"). This partnership bolsters SEM's presence in the North Carolina market.

Company Information

Company

Southeast Mechanical

Location

Winston-Salem, North Carolina, United States

About

Founded in 2020 and based in Winston-Salem, North Carolina, Southeast Mechanical is a HVAC, plumbing and electrical services platform comprised of local market-leading brands. SEM provides turnkey HVAC services to a wide range of residential and commercial customers across North Carolina, South Carolina, and Georgia. The Company operates several divisions and is focused on customer satisfaction, safety and continuing to be an employer of choice for experienced technicians and staff. SEM's primary focus is on short-term, residential changeouts and service contracts.

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

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