Acquiring Company
Resonetics
Acquired Company
Agile MV
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.
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