ToxStrategies completes acquisition of Suttons Creek to enhance offerings across pharmaceutical development and commercialization
Aug 13, 2024•over 1 year ago
Acquiring Company
ToxStrategies
Acquired Company
Suttons Creek
Description
ToxStrategies, a leading multidisciplinary scientific consulting firm, has announced the acquisition of Suttons Creek, a company specializing in comprehensive consulting and execution services for combination product development. This strategic partnership aims to enhance ToxStrategies' offerings across pharmaceutical development and commercialization, providing integrated teams to solve the multifaceted problems and challenges faced by its clients in the life sciences industry.
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