Tango340B Solutions Announces The Acquisition Of Rph Innovations (Rphi)
May 05, 2022•about 3 years ago
Acquiring Company
tangoRx Solutions
Acquired Company
RPh Innovations
Food And BeverageMobileHealth Care
Description
tangoRx Solutions, a mission-centric company focused exclusively on serving organizations who provide care to vulnerable patient populations, is proud to announce the acquisition of RPh Innovations (RPHi). As one of the most reputable and highly regarded 340B program management providers, RPHi is uniquely positioned to help tangoRx to deliver on the mission of "Building Healthier Communities Across the US".
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