Acquiring Company
FairJourney Biologics
Acquired Company
Charles River
Description
FairJourney Biologics S.A. has completed the acquisition of the South San Francisco site from Charles River Laboratories. This strategic acquisition enhances FairJourney’s capabilities in antibody discovery and engineering. The integration of Charles River's proprietary technologies will strengthen FairJourney’s portfolio, enabling them to offer more diverse solutions. The deal positions FairJourney to expand its presence in a key biotechnology hub.
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