Acquiring Company
Genesee Scientific
Acquired Company
Jade Scientific
Description
Genesee Scientific has announced the acquisition of Jade Scientific, enhancing its capabilities in the lab essentials market. This acquisition aims to strengthen Genesee's portfolio and broaden customer reach. The two companies will combine efforts to expand product offerings and reinforce Genesee’s position in the industry. Both companies will continue providing trusted personalized service while expanding their product range.
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