Acquiring Company
Clario
Acquired Company
WCG's eCOA Business
Description
Clario has entered into a definitive agreement to acquire WCG's eCOA Business. This acquisition aims to enhance Clario's service offerings in the clinical trial landscape. With this acquisition, Clario seeks to integrate advanced eCOA solutions into their portfolio. The move is expected to improve the patient data collection process significantly.
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