Two private equity-backed organizations agreed to merge, creating a national company that offers facility, security, janitorial, and staffing services. This merger of equals was ripe for significant operational synergies, meaning rapid integration was key. We answered the call—first, by providing merger diligence for the deal’s private equity investors that set the stage for integration, and then by providing leadership for migrating all operations onto a single technology platform.
Total annual synergy targets identified and achieved
Two companies with private equity investors merged to create greater economies of scale and to establish a more dominant market position in the United States, where each company historically had different geographic strengths. Delivering on the merger’s substantial synergies required the companies to quickly integrate their operations on a single technology platform. That’s where we came in.
Our transaction advisory expertise brought us to the table, as the private equity investors sought insight into the risks and opportunities of combining organizations. And then our experience leading merger integration projects paved the path to value creation.
It takes an exceptional and cooperative team to orchestrate a transformation of this magnitude, at this pace. We built a multidisciplinary group of merger experts, technologists, and business process specialists to design the integration strategy—and then executed it on time and within budget. Our team quickly became an integral leader of the company’s integration effort, contributing expertise and leadership for strategic technology decisions, along with hands-on operational experience to drive swift migration.
From start to finish, we led the way toward turning technology into tangible business value:
Once the migration was complete, our aptitude for optimization and value creation kicked in. We extended the impact by:
We didn’t just meet the project’s tight timeline for integrating two companies onto one IT platform. We executed the migration within the defined budget, positioning the newly merged company to achieve its target of $75 million in synergies. In particular, the new IT operating platform is saving the company $5 million annually, including $2.5 million in annual savings achieved by facilitating licensing negotiations with the primary application provider.
The project, our first for this specific private equity firm, led to a number of other significant initiatives with the private equity investor and its portfolio companies—much of that work in post-close value creation.