Diversified Medical Healthcare Acquires Utah Lab, Dynasty Medical Laboratory Services
Mar 03, 2022•over 3 years ago
Acquiring Company
ABOUT DIVERSIFIED MEDICAL HEALTHCARE
Acquired Company
ABOUT DIVERSIFIED MEDICAL HEALTHCARE
Professional ServicesSoftwareProfessional ServicesSoftware
Description
Diversified Medical Healthcare, a holding company with multiple brands all dedicated to improving patient care, is announcing today its acquisition of Dynasty Medical Laboratory Services (DMLS), formerly Dynasty Diagnostics. DMLS, located in Hurricane, Utah, previously operated as a full-service toxicology lab. With this acquisition, it is expanding to offer a full menu of testing services to its current and future clients.
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