Apollo Intelligence, a Frazier Healthcare Portfolio Company, Acquires GlocalMind, Expanding its Global Reach and Operations in Healthcare and Life Science Market Insights
Feb 20, 2024•almost 2 years ago
Acquiring Company
Apollo Intelligence
Acquired Company
GlocalMind
Description
Apollo Intelligence, a leading provider of real-time data and insights to the healthcare and life science industries, has strategically acquired GlocalMind, a global technology-driven healthcare market research services and panel company. This acquisition expands Apollo's panel access to global HCPs and KOLs, further enhancing its life science market insights offering and affirming its commitment to accelerating health innovation for a better life.
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