Acquiring Company
Christie Innomed
Acquired Company
Comp-Ray
Description
Christie Innomed, one of Canada's largest independent healthcare companies, is pleased to announce today that it is continuing its growth with its first foray into the U.S. market with the acquisition of well-established medical imaging hardware and software solutions company, Comp-Ray. Comp-Ray offers Multi-Vendor Sales and Service (MVS) solutions and serves all the southwestern U.S. states from its headquarters in Arizona.
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