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Afya Limited Announces The Acquisition Of Glic

May 23, 2022over 3 years ago

Acquiring Company

Afya Limited

Acquired Company

The Guardian Life Insurance Company of America

Minas GeraisNew YorkMedicalEducationHealth CareFinancial ServicesNon Profit

Description

Afya Limited, or Afya (Nasdaq: AFYA) today announced the acquisition, through its wholly-owned subsidiary Afya Participações S.A, of 100% of Glic.

Company Information

Company

Afya Limited

Location

Minas Gerais, Brazil

About

Afya Limited is the leading medical education group and digital health services provider in Brazil. It delivers an end-to-end physician-centric ecosystem that serves and empowers students and physicians to transform their ambitions into rewarding lifelong experiences. Afya is based on the number of medical school seats and offers digital products to help doctors enhance their healthcare services through their whole career.

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