Armbrust Inc. Acquires Time Magazine Invention Of The Year, Breathe99 Mask Startup
Feb 15, 2023•almost 3 years ago
Acquiring Company
Armbrust Inc.
Acquired Company
Year
Description
Medical manufacturing company Armbrust American has acquired award-winning reusable elastomeric mask startup Breathe99 and its assets, which is now available for purchase. The acquisition is the latest step in the manufacturing company's plans to expand its product offerings and operations across more sectors in the U.S., including the only FDA-Cleared, USA-made KN95 masks.
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