Dario acquires Twill creating one of the most comprehensive digital health platform across the most prevalent chronic conditions
Feb 21, 2024•almost 2 years ago
Acquiring Company
DarioHealth
Acquired Company
Twill
Description
DarioHealth Corp. has announced the acquisition of Twill, Inc., positioning itself to create one of the most comprehensive digital health platforms for chronic conditions. The acquisition is expected to nearly double pro forma 2023 revenue and accelerate market penetration, driving greater sales opportunities. This strategic move is aimed at integrating complementary solutions and creating an unrivaled platform for the next generation of consumer-centric digital health.
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