Pretium finalizes acquisition of BH Management Services to strengthen residential sector presence
May 01, 2024•about 1 year ago
Acquiring Company
Pretium
Acquired Company
BH Management Services
DallasProperty ManagementFacility ManagementReal EstateHospitalityDescription
Pretium, a key player in the residential real estate sector, has successfully completed the acquisition of BH Management Services. This strategic move aims to bolster Pretium's position in the multifamily property management space and further elevate the quality of living experiences for its residents.
M&A Insights
Based on deal dataIntegration 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