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Advancing Eyecare Announces Acquisition Of Santinelli International

Jan 05, 2022•almost 4 years ago

Acquiring Company

Advancing Eyecare

Acquired Company

Santinelli International

MobileMedia And EntertainmentProfessional Services

Description

Advancing Eyecare, North America's leading provider of ophthalmic instruments and portfolio company of Atlantic Street Capital (ASC), announced today the acquisition of Santinelli International, a respected leader and award–winning provider of optical finishing equipment.

Company Information

Company

Advancing Eyecare

About

Advancing EyecareTM is the leading provider in the eyecare instrumentation marketplace established to offer the best products and service solutions in the ophthalmic equipment industry. Currently comprised of Lombart Instrument, Marco Ophthalmic, INNOVA Medical, S4Optik, Santinelli International, and other leading brands, the combined scope of the organization has the broadest product portfolio, the most knowledgeable people, and the most reliable service in the industry.

M&A Insights

Based on deal data
Integration 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