Acquiring Company
CheckedUp
Acquired Company
CheckedUp
Description
CheckedUp (or the "Company"), one of the leading providers of 100% digital healthcare solutions at the point of care, announced today that it has acquired Health Media Network ("HMN"), a provider of digital healthcare solutions and wellness content to health venues across the country. Financial terms of the transaction were not disclosed. CheckedUp is backed by Rockbridge Growth Equity ("Rockbridge"), a partnership-oriented middle market private equity firm with a differentiated approach to building and growing companies.
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