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Summit Clinical Research acquires Houston Research Institute

May 01, 20258 months ago

Acquiring Company

Summit Clinical Research

Acquired Company

Houston Research Institute

San AntonioHoustonBiotechnologyHealth Care

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.

Company Information

Company

Summit Clinical Research

Location

San Antonio, Texas, United States

About

Summit Clinical Research is a leading Integrated Research Organization (IRO) specializing in liver disease, obesity, and Alzheimer's Disease. With a network of 120 sites, Summit has consistently advanced clinical development by enrolling more than 50% of patients in global studies. The company focuses on partnerships that support drug development objectives. Summit aims to expand its impact in various therapeutic areas.

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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