Centene Completes Acquisition Of Magellan Health, Establishing A Leading Behavioral Health Platform At A Critical Time
Jan 04, 2022•almost 4 years ago
Acquiring Company
Centene Corporation
Acquired Company
Magellan Health
Description
Centene Corporation (NYSE: CNC) today announced that it has completed its acquisition of Magellan Health, Inc.
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