Sun Life Completes The Acquisition Of Dialogue, Canada'S Premier Health And Wellness Virtual Care Platform
Oct 03, 2023•almost 2 years ago
Acquiring Company
Sun Life
Acquired Company
Dialogue
BristolInsuranceHealth CareFinancial ServicesHealth CareDescription
Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) announced today the completion of its acquisition of Dialogue Health Technologies Inc. ("Dialogue") (TSX:CARE). Headquartered in Montreal, Quebec, Dialogue offers affordable, on-demand access to quality care. Providing service to companies in Canada and internationally, nearly 2.8 million members across 50,000 organizations have access to Dialogue's healthcare team.
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