Middle Tennessee Pharmacy Services acquires Long-Term Care and MEDIpack Business from TwelveStone Health Partners
Sep 05, 2024•12 months ago
Acquiring Company
Middle Tennessee Pharmacy Services
Acquired Company
TwelveStone Health Partners
ShelbyvilleMurfreesboroHealth CareInformation TechnologySoftwareDescription
Middle Tennessee Pharmacy Services (MTPS), a member of Guardian Pharmacy Services, has acquired the long-standing LTC and MEDIpack service lines from TwelveStone Health Partners. This acquisition enables MTPS to better serve residents in assisted living, skilled nursing, and behavioral health communities, as well as individuals with intellectual and developmental disabilities and outpatient consumers throughout Tennessee, Southern Kentucky and Northern Alabama.
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