Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →
Acquiring Company
ACT LAB
Acquired Company
Sriven Labs
LansingNew JerseyBiotechnologyCannabisBiotechnologyCannabisDescription
ACT LAB has expanded its national laboratory network by acquiring Sriven Labs in New Jersey. This acquisition adds a cannabis testing laboratory to ACT LAB's portfolio. The move enhances their testing capabilities and presence in the region.
Related People
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