Medline Industries, Lp Completes Acquisition Of United Medco

Jan 10, 2024•over 1 year ago

Acquiring Company

Medline

Acquired Company

United Medco

Northfield

Coral SpringsHealth CareManufacturingPharmaceutical Manufacturing

Description

Medline, a market-leading manufacturer and supplier of medical supplies and solutions, today announced the successful acquisition of United Medco, a national provider and partner of supplemental benefits and member engagement solutions. This strategic transaction marks a significant milestone in Medline's growth of its Health Plans business by augmenting the company's best-in-class distribution capabilities and expanding its supplemental benefit offerings.

Company Information

Company

Medline

Location

Northfield, Illinois, United States

About

Medline is a leading medical-surgical product and supply chain solutions provider serving the entire continuum of care. Through its unique offering of world-class products, supply chain resilience and clinical practice expertise, Medline delivers improved clinical, financial and operational outcomes. Headquartered in Northfield, Illinois, the company employs 43,000 people worldwide and operates in over 100 countries and territories.

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

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Medline Industries, Lp Completes Acquisition Of United Medco

Description

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Company Information