Platinum Equity to acquire Sunrise Medical, adding momentum to European investment team
Jun 05, 2024•over 1 year ago
Acquiring Company
Platinum Equity
Acquired Company
Sunrise Medical
Description
Platinum Equity, a global investment firm, has signed a definitive agreement to acquire Sunrise Medical, a world leader in advanced assistive mobility solutions. The acquisition is expected to enhance Platinum Equity's European investment team and strengthen its presence in the mobility solutions market.
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