Coupe Health Acquires Sph (Formerly Simplepay Health) From Holmes Murphy & Associates
Nov 01, 2021•about 4 years ago
Acquiring Company
Coupe Health
Acquired Company
SimplePay Health
Description
Coupe Health, LLC (Coupe) today announced that it has purchased SPH, LLC (SPH), formerly known as SimplePay Health, from Holmes Murphy & Associates (Holmes Murphy), one of the largest employee-owned and controlled insurance brokerage firms in the nation.
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