ProductLife Group (PLG) completes acquisition of Halloran Consulting Group to strengthen its global position
Oct 16, 2024•10 months ago
Acquiring Company
ProductLife Group
Acquired Company
Halloran Consulting Group
Description
ProductLife Group (PLG) has announced the acquisition of Halloran Consulting Group, a life science consulting firm in the United States. This strategic move further expands PLG's global reach and capabilities in supporting the development of new therapies, providing comprehensive healthcare services, and enhancing its presence in the North American market. The acquisition reinforces PLG's commitment to delivering safe and effective healthcare solutions across the globe, aligning both companies under a shared vision of supporting patient access.
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