Montrose Environmental Group, Inc. Acquires Origins Laboratory, LLC to Expand Environmental Testing Operations
Sep 10, 2024•over 1 year ago
Acquiring Company
Montrose
Acquired Company
Origins Laboratory
Description
Montrose Environmental Group, Inc. has announced the strategic acquisition of Origins Laboratory, LLC, a leading environmental laboratory based in Denver. This acquisition expands Montrose's laboratory services business line, further expanding their presence and existing service offerings in the Rocky Mountain states to meet growing customer needs in this important region.
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