Acquiring Company
CHG Healthcare
Acquired Company
CareerMD
Description
CHG Healthcare has announced its acquisition of CareerMD, a career management platform for clinicians. This acquisition aims to enhance CareerMD's offerings and expand support for healthcare professionals. CareerMD will continue to operate as a standalone company within the CHG family. Both companies share a vision for growth and collaboration in the healthcare recruitment sector.
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