Medical Manufacturing Technologies (Mmt) Acquires Confluent Medical Equipment Line
Nov 02, 2022•over 2 years ago
Acquiring Company
Medical Manufacturing Technologies
Acquired Company
Equipment Line
Description
Medical Manufacturing Technologies (MMT), a portfolio company of Arcline Investment Management and a leading global provider of medical device manufacturing solutions, announced the purchase of Confluent Medical Technologies' equipment manufacturing group, which includes their balloon forming equipment manufacturing as well as their testing and catheter manufacturing equipment capabilities. These will be rebranded as Interface Catheter Solutions (Interface), a return to its historic roots.
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