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Deloitte completes acquisition of Gryphon Scientific, LLC to enhance security, science, and public health capabilities

Apr 29, 2024over 1 year ago

Acquiring Company

Deloitte

Acquired Company

Deloitte

New YorkNew YorkConsultingPublic SafetyArtificial Intelligence

Description

Deloitte announced the acquisition of substantially all of the assets of Gryphon Scientific, LLC, a leader in biosafety, biosecurity, and all-hazards preparedness and response. This strategic move aims to strengthen Deloitte's competitive edge and enhance its capability to address clients' most complex mission challenges, from informing safe policy and practice around novel technologies and AI to strengthening capacities to prevent, detect and respond to infectious disease threats across the globe.

Company Information

Company

Deloitte

Location

30 ROCKEFELLER PLAZA

New York, New York, United States

About

Deloitte drives progress. Our firms around the world help clients become leaders wherever they choose to compete. Deloitte invests in outstanding people of diverse talents and backgrounds and empowers them to achieve more than they could elsewhere. Our work combines advice with action and integrity. We believe that when our clients and society are stronger, so are we.

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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