Allervie Health Acquires West Texas Allergy, Expands To Midland And Densifies Lubbock Footprint
Jan 18, 2023•almost 3 years ago
Acquiring Company
AllerVie Health
Acquired Company
Allergy
Description
AllerVie Health, a leading provider of allergy and immunology services in the United States, announces its acquisition of West Texas Allergy and expanding service reach to both Midland and Lubbock, Texas. As part of the partnership, AllerVie Health welcomes Miguel Wolbert, MD, and his clinical team, to its national platform of allergy health providers.
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