Mergers and Acquisitions involve the complicated bringing together of companies. In some instances, a larger company with the development resources needed to take medical device project ideas and products to market acquires a company with products that could make a big impact. In other cases, companies realize they could benefit from being aligned, using their joint development, regulatory, marketing, operations, and sales teams to improve market share and/or profit margins.
When this happens, execution is the difference between success and failure. The integration of these disparate teams needs specific skills in aligning, combining, or reforming each of the skill sets within the organization.
As a project management consulting company, the Waddell Group has experience with corporate mergers and are skilled at managing their integration.