Acquiring Company
Access Dental Management
Acquired Company
Dentistry Operation
OtherGovernment And MilitaryHealth Care
Description
Surge Private Equity LLC (“Surge”) announces the acquisition of Bridget R. Burris, D.D.S., P.C. (“Burris PC” or the “Company”), a multi-million dollar dentistry operation in New Mexico by Dallas-based Access Dental Management LLC (“Access Dental”), its healthcare platform. The deal closed with debt financing provided by Corbel Capital Partners (“Corbel”).
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