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Walgreens Boots Alliance acquires IGMS in merger

PRIVATESep 02, 20264 days ago

Acquiring Company

Walgreens Boots Alliance

Acquired Company

IGMS

DeerfieldManufacturingHealth CareRetail

Description

Walgreens Boots Alliance has successfully completed a cash-and-stock merger with IGMS. Each IGMS share was exchanged for USD 11.45 in cash and 1.00 share of a new Walgreens security. This merger positions Walgreens Boots Alliance at the forefront of consolidation in the US health care market.

Company Information

Company

Walgreens Boots Alliance

Location

Deerfield, Illinois, United States

About

Walgreens Boots Alliance (Nasdaq: WBA) is an integrated healthcare, pharmacy and retail leader serving millions of customers and patients every day, with a 170-year heritage of caring for communities. A trusted, global innovator in retail pharmacy with approximately 13,000 locations across the U.S., Europe and Latin America, WBA plays a critical role in the healthcare ecosystem. The company is reimagining local healthcare and well-being for all as part of its purpose – to create more joyful lives through better health. Through dispensing medicines, improving access to a wide range of health services, providing high quality health and beauty products and offering anytime, anywhere convenience across its digital platforms, WBA is shaping the future of healthcare. WBA has more than 315,000 team members and a presence in nine countries through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico and Ahumada in Chile. Additionally, WBA has a portfolio of healthcare-focused investments located in several countries, including China and the U.S. The company is proud of its contributions to healthy communities, a healthy planet, an inclusive workplace and a sustainable marketplace. WBA has been recognized for its commitment to operating sustainably: it is an index component of the Dow Jones Sustainability Indices (DJSI) and was named to the 100 Best Corporate Citizens 2021. More company information is available at www.walgreensbootsalliance.com.

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Predictive Intelligence
Strategic

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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

Frequently asked

Who acquired IGMS?

IGMS was acquired by Walgreens Boots Alliance, based in Deerfield. The deal was reported on September 2, 2026. Walgreens Boots Alliance (Nasdaq: WBA) is an integrated healthcare, pharmacy and retail leader serving millions of customers and patients every day, with a 170-year heritage of caring for communities. Walgreens Boots Alliance is privately held and operates in Manufacturing.

When did Walgreens Boots Alliance acquire IGMS?

Walgreens Boots Alliance's acquisition of IGMS was reported on September 2, 2026. Walgreens Boots Alliance has successfully completed a cash-and-stock merger with IGMS. Each IGMS share was exchanged for USD 11.45 in cash and 1.00 share of a new Walgreens security. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does IGMS do?

IGMS is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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