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Abra Health Group Announces Acquisition Of Eugene Mcguire, Dds Pediatric Dental Practice

Jun 06, 2023•over 2 years ago

Acquiring Company

Abra Health

Acquired Company

Eugene McGuire

SecaucusMedical

Description

The Abra Health group, a rapidly expanding healthcare group specializing in multi-specialty dental and pediatric primary care services, is pleased to announce its latest acquisition of the Eugene McGuire, DDS pediatric dental practice of Allentown, PA. The acquisition marks a significant milestone in Abra Health Group's strategic expansion plan and commitment to providing comprehensive dental care for patients in the Allentown community and surrounding areas.

Company Information

Company

Abra Health

Location

Secaucus, New Jersey, United States

About

Abra Health Group is a rapidly expanding family of health practices, founded by Doctors Michael and Brooke Skolnick. With a mission to provide access to high-quality, affordable care to underserved communities, Abra includes several pediatric primary care and dental clinics for patients of all ages in Connecticut, New Jersey, and Pennsylvania. Their vision is to become a leading provider of integrated medical and dental care to underrepresented communities in the areas they serve.

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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