The Joint Corp. Acquires Northern California Regional Developer Territory
Apr 06, 2022•over 3 years ago
Acquiring Company
The Joint Corp
Acquired Company
Developer Territory
Description
The Joint Corp. (NASDAQ: JYNT), the nation's largest provider of chiropractic care through The Joint Chiropractic® network, acquired the regional developer rights for the Northern California territory for $2.4 million on April 1, 2022.
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