Acquiring Company
NationsBenefits
Acquired Company
CareCar
Description
NationsBenefits has acquired CareCar to enhance its integrated non-emergency medical transportation services. This acquisition aims to remove transportation barriers for health plan members across the nation. By integrating CareCar's technology, NationsBenefits will provide a seamless health benefits experience. The partnership promises improved healthcare access and enhanced member satisfaction.
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