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TEAM Technologies acquires Duke Empirical for expansion

Jul 07, 2025•9 days ago

Acquiring Company

TEAM Technologies

Acquired Company

Duke Empirical

MorristownSanta CruzHealth CareMedical DeviceMedicalBiotechnologyManufacturing

Description

TEAM Technologies has acquired Duke Empirical, Inc., enhancing its medical device manufacturing capabilities. This acquisition will integrate Duke’s specialized catheter expertise with TEAM Tech's comprehensive manufacturing solutions. The partnership aims to improve service offerings for healthcare OEMs in high-growth markets.

Company Information

Company

TEAM Technologies

Location

Morristown, Tennessee, United States

About

TEAM Technologies is an innovative solutions provider supporting the foremost global healthcare products companies. With its 'ONE TEAM, MANY TECHNOLOGIES' philosophy, TEAM boasts an extensive lineup of manufacturing and design processes tailored to provide advanced solutions in medical, oral & dental care, infection prevention and control, and other healthcare use cases. With an entrepreneurial mindset and a management team with deep industry experience, TEAM Technologies leverages seamless, turnkey processes and innovation to positively impact the success of TEAM's customer 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

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