Bluesight acquires Sectyr to expand 340B audit and compliance tools for health systems
Oct 17, 2024•11 months ago
Acquiring Company
Bluesight
Acquired Company
Sectyr
Description
Bluesight, the leading provider of Medication Intelligence™ solutions, has acquired Sectyr, a top-tier compliance and audit management platform. This acquisition expands Bluesight's portfolio to include robust 340B audit and compliance tools, reinforcing its mission of empowering healthcare organizations to ensure medication safety, compliance, and operational efficiency.
FundzWatch™ Score
86
High M&A Activity
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