Acquiring Company
Covalent Metrology
Acquired Company
Materials Characterization Services
SunnyvaleAustinBiotechnologyManufacturingDescription
Covalent Metrology has acquired Materials Characterization Services (MAT-CS), enhancing its lab partner network in North America. The merger combines MAT-CS's project management expertise with Covalent's advanced laboratory capabilities. MAT-CS will operate as a subsidiary under Covalent while maintaining its current leadership. This union aims to provide broader access to analytical techniques and scientific resources.
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