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Nova Leap Health Corp. Completes Purchase Of Oklahoma Home Care Business

Sep 20, 2021•about 4 years ago

Acquiring Company

Nova Leap Health

Acquired Company

Home Care Business

Financial ServicesHealth Care

Description

NOVA LEAP HEALTH CORP. (TSXV: NLH) (“Nova Leap” or “the Company”), a home health care organization ranked #2 on the 2020 Report on Business ranking of Canada’s Top Growing Companies, is pleased to announce that it has completed the acquisition of an Oklahoma home care business. The execution of the definitive agreement and related information pertaining to this acquisition was previously announced on August 4, 2021.

Company Information

Company

Nova Leap Health

About

Nova Leap Health Corp. is a growing home health care organization. It focuses on providing a wide range of health services to its clients. The company operates in both Canada and the U.S., undertaking strategic acquisitions to expand its market presence. Nova Leap is committed to enhancing the quality of care in the communities it serves.

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