NCD completes acquisition of Tenure Health to strengthen health insurance product development
Sep 11, 2024•over 1 year ago
Acquiring Company
NCD
Acquired Company
Tenure Health
Description
NCD, a national leader in supplemental health insurance products, has successfully acquired Tenure Health to create an unmatched platform serving health consumers' comprehensive healthcare needs. This acquisition will meaningfully accelerate NCD's next phase of growth and embed Tenure Health's competencies within NCD's portfolio of offerings.
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