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Medical Technology Associates Acquires Premier Medical

Jun 08, 2023over 2 years ago

Acquiring Company

Medical Technology Associates

Acquired Company

Premier Medical

Description

Medical Technology Associates, LLC ("MTA"), a leader in medical gas services, testing and equipment; is pleased to announce the acquisition of Premier Medical, Inc. ("Premier"). Premier is headquartered in Tennessee with a branch office in Florida. Their marquis customer base and high-quality employees expand MTA's footprint into the Tennessee and Arkansas markets, while strengthening MTA's market leading position in Florida.

Company Information

Company

Medical Technology Associates

About

Medical Technology Associates provides cleanroom and hood testing, medical gas services, and equipment to ensure compliance within the healthcare industry.

M&A Insights

Based on deal data
Integration 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