Levine Leichtman Capital Partners Portfolio Company Technical Safety Services Acquires Cepa Operations
Sep 01, 2022•almost 3 years ago
Acquiring Company
Technical Safety Services
Acquired Company
CEPA Operations
Description
Technical Safety Services (“TSS” or the “Company”), a portfolio company of Levine Leichtman Capital Partners (“LLCP”), announced that it has acquired CEPA Operations, Inc. (“CEPA”). Based in Ontario, California, CEPA, is a provider of regulatory certification services for controlled environment equipment used in mission-critical pharmaceutical and healthcare settings.
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