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Excelitas Technologies Completes Acquisition Of Pco Ag

Sep 07, 2021•about 4 years ago

Acquiring Company

Suite Studios

Acquired Company

PCO

BoulderInformation TechnologyScience And EngineeringManufacturingSoftware

Description

Excelitas Technologies Corp., a leading industrial technology manufacturer focused on delivering innovative, market-driven photonic solutions, completed the acquisition of PCO AG, based in Kelheim, Germany on Friday, September 3, 2021. PCO is a leading manufacturer and innovator in digital imaging for a wide range of scientific and industrial applications.

Company Information

Company

Suite Studios

Location

1495 CANYON BOULEVARD

Boulder, Colorado, United States

About

Mednow is a healthcare technology company offering virtual access with a high standard of care. Designed with accessibility and quality of care in mind, Mednow.ca provides virtual pharmacy and telemedicine services as well as doctor home visits through an interdisciplinary approach to healthcare that is focused on the patient experience. Mednow’s services include free at-home delivery of medications, a user-friendly interface for easy upload, transfer, and refill of prescriptions, access to healthcare professionals through an intuitive chat experience, a specialized PillSmart™ system that packages prescriptions and vitamins by date and time, and doctor consultations. To learn more, follow Mednow on Facebook, Twitter, LinkedIn, and Instagram, or visit our website at www.mednow.ca/. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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FundzWatch™ Score

High M&A Activity

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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