Tarrytown Expocare Pharmacy completes acquisition of Greater Boston Long Term Care Pharmacy to expand services
Dec 16, 2024•8 months ago
Acquiring Company
Tarrytown Expocare Pharmacy
Acquired Company
Greater Boston Long Term Care Pharmacy
Description
Tarrytown Expocare Pharmacy, America's leading IDD and Behavioral Health pharmacy, has successfully acquired Greater Boston Long Term Care Pharmacy. This acquisition will allow Tarrytown to support existing clients and expand its services to IDD Agencies, Intermediate Care Facilities, and Assisted Living communities throughout the Commonwealth of Massachusetts, marking Tarrytown's 11th regional pharmacy location and the 31st state to which they provide their proprietary pharmacy services and solutions.
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