Acquiring Company
The Pennant Group
Acquired Company
Home Care
Description
The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, home care and senior living companies, today announced that it has acquired Bluebird Home Health, Bluebird Hospice, and Bluebird Home Care (“Bluebird”), which provides skilled home health, private duty, and hospice services across Southwestern Idaho.
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