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Solis Mammography Announces Acquisition Of Carolina Breast Imaging

Aug 24, 2023over 2 years ago

Acquiring Company

Solis Mammography

Acquired Company

Carolina Breast Imaging

AddisonMedicalHealth CareMedicalBiotechnologyHealth Care

Description

Solis Mammography, a premier women’s health company and the nation’s largest independent provider of specialized breast health services, has announced the acquisition of Carolina Breast Imaging, a network of three breast imaging centers located in eastern North Carolina. For more than 10 years, Carolina Breast Imaging has provided patients with an advanced standard of care through a team of fellowship trained breast imaging specialists and state-of-the-art technology.

Company Information

Company

Solis Mammography

Location

Addison, Texas, United States

About

Solis Mammography is a specialized healthcare provider that has been dedicated to elevating women’s health and maintaining breast health and peace of mind for almost 40 years. Headquartered in Addison, Texas, Solis Mammography operates more than 100 centers in 13 major markets, including Dallas-Fort Worth, Houston, Denver, Phoenix, Philadelphia, Columbus, Nashville, Greensboro, Miami, Ft. Lauderdale, and, through its affiliated brands Washington Radiology and Progressive Radiology, Washington D.C., Maryland, and Virginia. The company operates both wholly owned centers and multiple successful joint venture partnerships with large hospital systems and prominent medical and academic institutions. For more information on partnering with the nation’s leader in breast health services, go here: https://info.solismammo.com/partnership.html

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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