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AscellaHealth completes strategic acquisition of CHAPPER healthcare to expand global specialty pharmaceutical wholesale and product distribution services

Oct 17, 2024about 1 year ago

Acquiring Company

AscellaHealth

Acquired Company

CHAPPER healthcare

BerwynWatfordLife ScienceBiotechnologyHealth CareBiotechnologyHealth Care

Description

AscellaHealth, a global partner delivering customizable solutions to support the specialty pharmaceutical industry, has announced the acquisition of CHAPPER healthcare, a recognized leader in the import and export of specialty pharmaceuticals. This acquisition is aimed at deepening AscellaHealth’s capabilities to serve international manufacturers and patients in more than 70 countries across the EU, Asia, Africa, Australia, and the Americas, strengthening their global market leadership and expanding international presence.

Company Information

Company

AscellaHealth

Location

Berwyn, Pennsylvania, United States

About

AscellaHealth is a global partner that delivers proven end-to-end solutions to both life sciences and healthcare companies to enhance quality of life for patients with complex, chronic conditions.

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M&A Insights

Based on deal data
Integration 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