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Credvest completes acquisition of Weown, a major boost to Bangalore's real estate sector

Sep 19, 2024•10 months ago

Acquiring Company

Credvest

Acquired Company

Weown

BengaluruBengaluruReal EstateReal Estate

Description

Credvest, a Bangalore-based real estate management solutions firm, has acquired Weown, a pioneer in Bangalore's real estate landscape for over 12 years. This acquisition significantly adds to Credvest’s portfolio of ongoing real estate projects and further solidifies their position in the market.

Company Information

Company

Credvest

Location

Bengaluru, Karnataka, India

About

Credvest is a Bangalore-based firm established in 2018, providing real estate management solutions. It caters to land acquisition, business development, product fitment, go-to-market strategies, sales support, and customer services on behalf of developers. Credvest has catered to 4,000+ customers in the last year, helping them fulfill their needs to buy homes.

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

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