Soaak Technologies Acquires Renuyou Clinics, Expanding Its Innovative Solutions For Mental Strength And Physical Well-Being
Jul 03, 2023•over 2 years ago
Acquiring Company
Soaak Technologies
Acquired Company
RenuYou Clinics
Description
Soaak Technologies, a leading provider of innovative health technology, has announced its acquisition of RenuYou Clinics, a prestigious fifteen-year-old Board Certified clinic, specializing in a wide range of personalized therapies, including brain mapping and neurofeedback. This strategic acquisition strengthens Soaak Technologies' position as a leader in the field of mental and physical well-being.
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