Hyperion Materials & Technologies Acquires Precision Manufacturer Gle Precision
Sep 10, 2021•over 4 years ago
Acquiring Company
Hyperion Materials & Technologies
Acquired Company
GLE Precision
WorthingtonManufacturingDescription
Hyperion Materials & Technologies, a leading global materials science company that develops hard and super-hard materials for a wide range of industries and applications, announced today it has acquired GLE Precision, a Michigan-based manufacturer that specializes in high-precision small parts, extreme surface finishes and tolerances.
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