Ge Healthcare To Acquire Bk Medical, Expanding Ultrasound Portfolio Into Surgical Visualization
Sep 23, 2021•about 4 years ago
Acquiring Company
Suite Studios
Acquired Company
BK Medical
Description
GE (NYSE:GE) has entered into an agreement to acquire BK Medical, a leader in advanced surgical visualization, from Altaris Capital Partners for a cash purchase price of $1.45 billion.
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