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Relevate Health Acquires Connexion360

Apr 25, 2022•over 3 years ago

Acquiring Company

Relevate Health

Acquired Company

ConneXion360

Description

Relevate Health solidifies its position as the market leader in Healthcare Professional (HCP) omnichannel engagement with the acquisition of Dallas-based ConneXion360. With this acquisition, Relevate Health now provides its omnichannel solutions and agency services to more than 185 brands from 90 pharmaceutical, biotech, and medical device manufacturers, as well as 24 hospital systems.

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