Pressure BioSciences Signs Definitive Agreement to Acquire Uncle Bud’s, Forward Integrating PBIO’s UltraShear Platform into Multiple Markets
Jan 11, 2024•almost 2 years ago
Acquiring Company
PRESSURE BIOSCIENCES INC
Acquired Company
Uncle Bud's Hemp & CBD
Description
Pressure BioSciences, Inc. has signed a definitive agreement to acquire Uncle Bud’s, a globally-renowned natural health and wellness leader. Upon the closing of the transaction, the combined company intends to become a leading provider of topicals and other consumer products, leveraging PBIO’s UltraShearTM technology platform for nanoemulsified products that deliver industry-leading speed of action and bioavailability.
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