The Joint Corp. Acquires Four Previously Owned Franchised Clinics, Strengthening The Scottsdale/Phoenix Region Cluster
May 23, 2022•over 3 years ago
Acquiring Company
The Joint Corp
Acquired Company
Four Clinics
Description
The Joint Corp. (NASDAQ: JYNT), the nation's largest provider of chiropractic care through The Joint Chiropractic® network, acquired four previously owned franchised clinics for $5.8 million on May 19, 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