Frontage Acquires Nucro-Technics Inc. And Nucro-Technics Holdings, Inc.
Aug 16, 2023•almost 2 years ago
Acquiring Company
Frontage (
Acquired Company
Nucro-Technics
PharmaceuticalBiotechnology
Description
Frontage Laboratories, Inc. and its wholly-owned subsidiary, Frontage Canada, Inc., completed the acquisition of Nucro-Technics Inc. and its affiliate Nucro-Technics Holdings, Inc.
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