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Ttg Imaging Solutions Announces Acquisition Of Acceletronics And Radparts

Oct 07, 2022•about 3 years ago

Acquiring Company

TTG Imaging Solutions

Acquired Company

Acceletronics

Description

TTG Imaging Solutions, LLC (TTG) announced today the acquisition of Acceletronics, headquartered in Exton, PA, and sister company RadParts, headquartered in Haslett, MI. The acquisition closed on August 26, 2022.

Company Information

Company

TTG Imaging Solutions

About

TTG is a leading equipment and service provider for specialized medical imaging. Headquartered in Pittsburgh, Pennsylvania, TTG operates three equipment repair and refurbishment centers of excellence and three radiopharmacies that support a nationwide network of customers. To learn more, visit www.ttgimagingsolutions.com. Contact: Roland TomfordeBroadgate Consultants212-232-2222 SOURCE Sentinel Capital Partners

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