Montecito Medical Acquires Orthopedics Building In Northern California
Mar 04, 2022•almost 4 years ago
Acquiring Company
Montecito Medical
Acquired Company
Orthopedics Building
NashvilleHealth CareDescription
Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical office building in Redding, California, that is home to the Shasta Orthopaedics.
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