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Resonetics Announces Acquisition Of Agile Mv

Jun 13, 2022over 3 years ago

Acquiring Company

Resonetics

Acquired Company

Agile MV

NashuaConsumer ElectronicsManufacturingHardware

Description

Resonetics announced today that it has acquired Agile MV, an emerging leader in product development and turnkey device assembly based in Montreal, Quebec. Founded in 2010, the company has an experienced team of engineers, scientists, and technicians that help companies take projects from initial concept to high-volume manufacturing. With the acquisition, Resonetics will rebrand its existing Design & Development Services business as AGILE Product Development with locations in Boston, San Diego, and Montreal, each with its own core competencies, but with a common focus on quality, innovation, and agility.

Company Information

Company

Resonetics

Location

Nashua, New Hampshire, United States

About

Founded in 1987, Resonetics is a pioneer in advanced engineering and manufacturing solutions for the life sciences industry. Resonetics is a leader in laser processing, centerless grinding, nitinol processing, thin-wall stainless steel and precious metal tubing, photochemical machining, metal fabrication, and fiber optic sensors. With nine Lightspeed Application Development Labs located strategically to serve medical device companies around the world, Resonetics is built on a foundation of quality, speed, and innovation to deliver best-in-class value with a customer-centric approach. The company is ISO 13485:2016 certified with facilities in the United States, Costa Rica, Israel, Switzerland, and Canada. For more information, please visit www.resonetics.com.

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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