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Sri Holdings Llc Acquires Parkfield Insulation

Jul 31, 2021•almost 4 years ago

Acquiring Company

SRI Holdings

Acquired Company

Parkfield Insulation

Description

SRI Holdings LLC, an installer of insulation, fireplaces, garage doors, gutters, and specialty building products in Georgia and South Carolina, has acquired Parkfield Insulation, a long-time installer of insulation in the Columbus, Ohio Market. The combined company will do business as Parkfield Insulation and Bill Hatfield will remain with the company.

Company Information

Company

SRI Holdings

About

SRI Holdings LLC's subsidiaries provide installed services in Atlanta, Georgia; Augusta, Georgia; Savannah, Georgia; Charleston, South Carolina; and Columbia, South Carolina. We seek further acquisitions in the Southeast with installation companies that share our culture, provide excellent customer care, and are focused on advancing the lives of their employees and communities.

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