Acquiring Company
Summit Clinical Research
Acquired Company
Houston Research Institute
Description
Summit Clinical Research has completed the acquisition of Houston Research Institute to enhance its capabilities in clinical trials. The move will deepen Summit's leadership team and drive growth in metabolic research. Summit is focused on advancing treatment options for patients by merging scientific expertise and execution. This acquisition supports their mission to innovate in complex therapeutic areas.
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