Fingerpaint Group Acquires The Mynd Group, Bolstering Its Robust Market Access Capabilities
Apr 04, 2023•over 2 years ago
Acquiring Company
Fingerpaint Group
Acquired Company
The MYND Group
Description
Fingerpaint Group, an integrated collective of healthcare companies that offer commercialization solutions spanning the full product life cycle, is bolstering its market access offering with the acquisition of The MYND Group, a full-service strategic market access marketing company with extensive healthcare industry expertise in pharmaceuticals and biologics. Details of the transaction were not disclosed.
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