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Allervie Health Acquires West Texas Allergy, Expands To Midland And Densifies Lubbock Footprint

Jan 18, 2023almost 3 years ago

Acquiring Company

AllerVie Health

Acquired Company

Allergy

DallasMedicalBiotechnologyHealth Care

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.

Company Information

Company

AllerVie Health

Location

Dallas, Texas, United States

About

AllerVie Health is a national network of board-certified allergists and immunologists partnering together for the advancement of patient care, serving patients across 12 states in 76 clinic locations. Our providers are committed to establishing the allergy and immunology gold standard, expanding access to best-in-class care, and bringing relief and renewed vitality to the millions of Americans affected annually, many of whom live in underserved communities today. AllerVie is relentlessly dedicated to clinical excellence, creating an improved patient experience, and supporting the development of advanced allergy and immunology-focused therapeutics and treatment options.

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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