Far Uv Technologies Acquires Aeromed To Establish The Most Comprehensive Global Provider Of Pathogen Mitigation Solutions To Improve Indoor Air Quality
Mar 28, 2023•over 2 years ago
Acquiring Company
Far UV Technologies
Acquired Company
AeroMed
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.
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