Deloitte completes acquisition of Gryphon Scientific, LLC to enhance security, science, and public health capabilities
Apr 29, 2024•over 1 year ago
Acquiring Company
Deloitte
Acquired Company
Deloitte
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.
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