Acquiring Company
CitiusTech
Acquired Company
Health Data Movers
Description
CitiusTech has acquired Health Data Movers to enhance its healthcare provider offerings with advanced Epic implementation capabilities. This merger combines CitiusTech's technology solutions with Health Data Movers' integration expertise, creating significant value in healthcare delivery. The partnership aims to address the challenges of unifying complex technology ecosystems in healthcare. Together, they will provide innovative solutions that improve patient care and operational efficiency.
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