Acquiring Company
VitalHub
Acquired Company
Community Data Solutions
TorontoHealth CareDescription
VITALHUB CORP. (TSX: VHI) (the “Company” or “VitalHub”) is pleased to announce today that it has acquired (the “Acquisition”) QWAD Community Technologies Pty Ltd, doing business as “Community Data Solutions” (“CDS”), a company incorporated and conducting business in Australia.
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