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Surplus Solutions acquires Certified Genetool Inc.

Apr 07, 2025•9 months ago

Acquiring Company

Surplus Solutions

Acquired Company

Certified Genetool

WoonsocketPleasantonManufacturingBiotechnology

Description

Surplus Solutions LLC has acquired Certified Genetool Inc., expanding its operational capabilities in the biotechnology and pharmaceutical sectors. The acquisition enhances Surplus Solutions' national presence and refurbishment operations. Certified Genetool adds a complementary footprint and technical expertise to Surplus Solutions' offerings. This strategic move aims to build a world-class equipment lifecycle management platform.

Company Information

Company

Surplus Solutions

Location

Woonsocket, Rhode Island, United States

About

Surplus Solutions is a global leader in the procurement, resale, and management of high-quality used and refurbished laboratory, processing, and packaging equipment. With nearly 200,000 square feet of warehouse space across Rhode Island and California, and a European hub in Vendenheim, France, the Company serves clients in the pharmaceutical, biotech, nutraceutical, and life sciences sectors. Surplus Solutions offers end-to-end services designed to maximize asset value and support reliable, cost-effective equipment solutions.

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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