Alcanza Clinical Research acquires Kansas City Research Institute to enhance clinical research capabilities
May 01, 2024•over 1 year ago
Acquiring Company
Alcanza
Acquired Company
Kansas City Research Institute
Description
Alcanza Clinical Research, a mission-focused investigator site network, has completed the acquisition of Kansas City Research Institute (KCRI), a Phase II-IV clinical research site based in Kansas City, MO. This strategic acquisition enables Alcanza to offer more trial participation opportunities to underrepresented patient populations in the Midwest region, especially with a focus on therapeutic specializations in gastroenterology, gastrointestinal oncology, hepatology, and metabolic diseases.
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