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Asg Announces Acquisition Of Medimatrix, Industry Leading Mobile Healthcare Software

Aug 18, 2022•about 3 years ago

Acquiring Company

ASG

Acquired Company

MediMatrix

Image RecognitionMedical DeviceHealth Care

Description

Today, ASG, a portfolio company of Alpine Investors that buys and builds vertical SaaS companies, announced the acquisition of MediMatrix (formerly WebInterstate). MediMatrix is a mobile healthcare software business that streamlines order management, enables 1-click image sharing, and expedites reimbursements for medical providers offering mobile radiology and imaging services.

Company Information

Company

ASG

About

ASG, backed by Alpine Investors, is a unique and fast-growing software business that buys, builds, and operates market-leading vertical SaaS companies. ASG believes deeply in the power of people and data to grow great organizations, and that sharing knowledge, expertise, and resources across its community of businesses drives exponential growth. Founders of leading SaaS companies continue to trust ASG to grow their businesses and build even stronger legacies for the future.

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