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Sonrava Health Completes Acquisition Of Mid-Atlantic Dental Partners

Jun 22, 2022over 3 years ago

Acquiring Company

Sonrava Health

Acquired Company

Mid-Atlantic Dental Partners

CoppellHealth Care

Description

Sonrava Health today announced that it has completed the acquisition of Mid-Atlantic Dental Partners (MADP). Sonrava Health is a national family of health and wellness companies, including differentiated dental office brands, dental and vision benefit plans, provider networks, and consumer products and services – all focused on quality, value and innovation and built on a platform of unique and efficient technology.

Company Information

Company

Sonrava Health

Location

Coppell, Texas, United States

About

Sonrava Health is a national family of health and wellness companies united by a singular dedication to delivering high-quality, convenient, and affordable care through innovative provider models, health coverage and product offerings. With a mission of advancing whole-person health for patients, Sonrava Health is a geographically diverse, multi-specialty organization comprised of regionally well-recognized brands and affiliates across 21 states: Western Dental & Orthodontics, Western Dental Kids, Brident Dental & Orthodontics, DentalWorks, Perfect Teeth, Vital Smiles, and LooksBrite Optometry Centers.

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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