Carbon Health Acquires Two Major Clinic Chains To Further Its National Primary Care Expansion
Aug 20, 2021•almost 4 years ago
Acquiring Company
CARBON HEALTH TECHNOLOGIES, INC.
Acquired Company
Two Clinic Chains
Description
Carbon Health, a leading omnichannel healthcare provider, announced today that it acquired two separate clinic chains: Southern Arizona Urgent Care’s nine clinics in Tucson, Arizona and Med7 Urgent Care’s four clinics in Sacramento, California, bringing its total to 83 clinics across 12 states. This acquisition underscores the company’s continued commitment to make high-quality care accessible to everyone in the U.S. and drives towards the goal of becoming the largest national healthcare provider, as outlined in its recent $350 million funding news.
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