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Harmony Recovery Group Announces Acquisition By Thrive Healthcare

Nov 17, 2022about 3 years ago

Acquiring Company

Thrive Healthcare

Acquired Company

Harmony Recovery Group

Description

Harmony Recovery Group today announced the company has been acquired by Thrive Healthcare, a financial and strategic group focused on all aspects of behavioral health service delivery. Commenting on the announcement, Dr. Deja Gilbert, PhD, LMHC, LPC, Chief Executive Officer of Harmony Recovery Group, stated, "The acquisition of Harmony Recovery Group by Thrive Healthcare marks the beginning of an exciting new chapter for our team. We look forward to seeing the company continue to grow and are confident Harmony will realize its full potential, servicing all lines of behavioral healthcare needs, under the stewardship of Thrive Healthcare's esteemed board of directors led by Mr. Steve Fishman."

Company Information

Company

Thrive Healthcare

About

Thrive Healthcare is a Singapore-based Physiotherapy Service providing the best in Home Rehabilitation. Our physiotherapists help you to return to doing what you love, pain-free.

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