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Spl Acquires Ana-Lab, Expanding Its Environmental Lab Footprint

Apr 05, 2023over 2 years ago

Acquiring Company

SPL

Acquired Company

Alltius

Los AngelesNatural Language ProcessingMachine LearningArtificial Intelligence

Description

SPL, a leader in testing, inspection, and certification (TIC) services in North America, has acquired Ana-Lab Corporation, a comprehensive environmental laboratory testing company.

Company Information

Company

SPL

About

SPL is a market leader in the testing, inspection, and certification services for the energy and environmental markets. SPL serves a global customer base of more than 1,700 from 22 strategic locations, and offers end-to-end testing, measurement, and reporting solutions. To learn more, please visit www.SPL-Inc.com. Contact: Roland TomfordeBroadgate Consultants212-232-2222 SOURCE Sentinel Capital Partners

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