Icv Partners Announces The Acquisition Of Urgent Care Group And Combination With Portfolio Company Total Access Urgent Care
Mar 15, 2022•over 3 years ago
Acquiring Company
ICV Partners
Acquired Company
Total Access Urgent Care
Description
ICV Partners, LLC, a leading investment firm focused on lower middle market companies in business services, consumer goods & services, food & beverage, and healthcare, announced today the acquisition of Urgent Care Group (UCG) and its combination with portfolio company Total Access Urgent Care (TAUC).
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