H-Cyte Completes Acquisition Of Skindisc™ Regenerative Tissue Kit From Scion Solutions, Llc
Dec 29, 2022•over 2 years ago
Acquiring Company
H-CYTE
Acquired Company
SkinDisc
MedicalBiotechnologyHealth Care
Description
H-CYTE, Inc. (OTCQB: HCYT), a medical biosciences company, announced today that the Company completed its acquisition of SkinDiscTM.
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