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Vitalhub Corp. Announces Acquisition Of Coyote Software Corporation

Jan 23, 2023over 2 years ago

Acquiring Company

VitalHub

Acquired Company

Coyote

TorontoHealth CareConsultingHealth CareInformation TechnologySoftware

Description

VITALHUB CORP. (TSX: VHI) (OTCQX:VHIBF) (the “Company” or “VitalHub”) is pleased to announce today that it has acquired (the “Acquisition”) Coyote Software Corporation (“Coyote”), a company incorporated and existing under the laws of the Province of Ontario.

Company Information

Company

VitalHub

Location

Toronto, Ontario, Canada

About

VitalHub offers software for health and human service providers, including hospitals and community services. The company focuses on optimizing patient flow and reducing wait times. Founded in 2015, it is known for actively acquiring other companies to expand its offerings. VitalHub recently acquired MedCurrent Corporation and Strata Health, among others.

M&A Insights

Based on deal data
Integration 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

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