Everservice Acquires Mid-State Communications

Dec 14, 2022•over 2 years ago

Acquiring Company

EverService

Acquired Company

Communications

Information TechnologyCall CenterHardware

Description

EverService Holdings, LLC (“EverService”) acquired Mid-State Communications, a 24/7 communications company serving the medical and healthcare industries, in April 2022.

Company Information

Company

EverService

About

EverService is a global provider of tech-enabled business solutions for companies of all sizes, helping them to grow and scale with digital marketing, website design & development, scheduling & booking services, 24/7 answering services, inbound & outbound sales, live virtual receptionists, client & patient intake, and IT services. The company goes to market with vertically integrated, industry-leading brands including Alert Communications, Blue Corona, Nexa Receptionists, Mid-State Communications, Client Chat Live, Mainline Telecommunications, and Nexa Healthcare. For more information, visit EverService at https://everservice.com/.

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