Acquiring Company
VitalHub
Acquired Company
Novari Health
TorontoKingstonHealth CareConsultingDescription
VitalHub Corp. has announced the acquisition of Novari Health Inc. for a total consideration of $43.6 million, enhancing its patient flow solutions. With over 20 years of experience, Novari provides software that optimizes healthcare access. This acquisition aims to strengthen VitalHub's position in the Canadian market and expand Novari's presence internationally.
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