Generations Family Practice Acquires Kernersville Primary Care, Its Sixth Since 2021
Oct 04, 2022•about 3 years ago
Acquiring Company
Generations Family Practice
Acquired Company
Kernersville Primary Care
Description
Today, Cary Medical Management (CMM), a physicians managing service organization, announced that Kernersville Primary Care (KPC) joined the Generations Family Practice, a network of independent primary care clinics managed by CMM. KPC is the sixth clinic to join the Generations network since 2021, the second in the Piedmont Triad area.
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