TSCP Portfolio Companies Vector Laboratories and Absolute Biotech Announce Merger
Jun 11, 2024•over 1 year ago
Acquiring Company
Thompson Street Capital Partners
Acquired Company
Vector Labs
Description
Thompson Street Capital Partners (TSCP) has announced the merger of its portfolio companies, Vector Laboratories and Absolute Biotech. The strategic move aims to advance the combined platform’s position as a comprehensive supplier of both custom-engineered and catalog antibodies and sophisticated bioconjugation linkers and as a leader in providing deep bioconjugation expertise.
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