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Far Uv Technologies Acquires Aeromed To Establish The Most Comprehensive Global Provider Of Pathogen Mitigation Solutions To Improve Indoor Air Quality

Mar 28, 2023over 2 years ago

Acquiring Company

Far UV Technologies

Acquired Company

AeroMed

Kansas CityInformation Technology

Description

Far UV Technologies, Inc., (www.faruv.com), the global leader in whole-room disinfection solutions, is acquiring AeroMed Technologies, LLC, Utica, New York, (www.aeromed.com), the standard in upper-room germicidal ultraviolet light and HEPA filter healthcare solutions for over 30 years. As Governments, commercial and non-profit entities and individuals recognize the significant health and bottom-line improving opportunities afforded with superior indoor air quality, they are increasingly seeking proven domestically sourced solutions for simple, trusted and low-cost immediate relief.

Company Information

Company

Far UV Technologies

Location

7208 WORNALL RD #210

Kansas City, Missouri, United States

About

Far UV Technologies, established in 2016, has been the leading provider of 222nm solutions to prevent infectious disease long before the emergence of COVID-19. The company’s ambitious goal is to rid the world of infectious disease by delivering safe, autonomous, effective, and affordable air and surface disinfection devices for occupied spaces. The company’s Krypton disinfection lighting was developed and validated under NASA and Air Force SBIR awards and is continuously maintaining and improving the quality of life for people everywhere.

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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