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Priority One Canine Announces Acquisition Of Bio Detection K9

Sep 30, 2021•almost 4 years ago

Acquiring Company

Priority One Canine

Acquired Company

Bio Detection K9

Description

Priority One Canine (P1K9), known worldwide for their elite canine protection force, is excited to announce a joint venture with French biotechnology company Neovacs using emerging technology to elevate canine services and security. The acquisition of the U.S. based company Bio Detection K9 further continues the efforts by the French government, aligning forces in the fight against COVID-19 and other pathogens.

Company Information

Company

Priority One Canine

About

Priority One Canine (P1K9) was founded by Wade and Lori Morrell in 2010, combining state of the art technology with elite protection canines to offer a unique integrated security solution for discriminating clients. Based in Columbus, Ohio, P1K9 currently provides specialized dogs and services in the United States and around the world. www.priority1canine.com

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