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Crye*Leike Gulf Coast Real Estate & Vacation Rentals Acquires Flip Flop Vacations and Real Estate

Feb 02, 2024•over 1 year ago

Acquiring Company

Crye*Leike Gulf Coast Real Estate & Vacation Rentals

Acquired Company

Flip Flop Vacations and Real Estate

Gulf ShoresGulf ShoresReal EstateHospitalityTravel

Description

Crye*Leike Gulf Coast Real Estate & Vacation Rentals has successfully acquired the assets of Flip Flop Vacations and Real Estate, a Gulf Shores-based vacation rental management company. This strategic acquisition aims to expand Crye*Leike's inventory along the Gulf Coast by almost 60%, affirming its commitment to delivering exceptional boutique style service and customer satisfaction.

Company Information

Company

Crye*Leike Gulf Coast Real Estate & Vacation Rentals

Location

Gulf Shores, Alabama, United States

About

Crye*Leike Gulf Coast Real Estate & Vacation Rentals is a real estate and vacation rental management company located in the beautiful beaches of the Alabama Gulf Coast. With a focus on boutique style service and customer satisfaction, the company is dedicated to providing the best real estate service and vacation rental experience for both owners and guests.

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