DirectMed Imaging completes acquisition of Titanium Medical Imaging to expand its inventory and expertise
Mar 12, 2024•almost 2 years ago
Acquiring Company
Richardson Healthcare
Acquired Company
Titanium Medical Imaging
Description
DirectMed Imaging, the premier supplier of aftermarket medical imaging parts, systems, and training, has announced the acquisition of Houston-based Titanium Medical Imaging. With this acquisition, DirectMed Imaging can now offer customers immediate access to mission-critical inventory for all four major original equipment manufacturers (OEM) and expand engineer training offerings. This acquisition is a strategic step aimed at providing customers with the most robust inventory and technical expertise available for diagnostic imaging parts and systems.
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