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Relevate Health Acquires Axon Communications

Feb 22, 2022almost 4 years ago

Acquiring Company

Relevate Health

Acquired Company

Axon Communications

Description

Relevate Health continues its aggressive growth strategy, announcing the acquisition of Boston-based Axon Communications and its proprietary suite of digital healthcare professional (HCP), field team, and patient engagement marketing products. Integrating Axon's products and capabilities expands Relevate Health's product line and enhances its capabilities to generate brand growth nationally through local relevance, delivering benchmark beating ROI to pharmaceutical, biotechnology, and medical device clients.

Company Information

Company

Relevate Health

About

Relevate Health Group is an innovative healthcare company that focuses on providing engaging solutions for the pharmaceutical industry. As an existing portfolio company of Mountaingate Capital, Relevate Health Group has a strong foundation for strategic growth and development in the healthcare sector.

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