Acquiring Company
Hunt Companies
Acquired Company
Carter
Description
Hunt Companies, Inc. has acquired a majority stake in Carter, enhancing its real estate development capabilities. This acquisition will enable Carter to expand its growth initiatives in mixed-use and residential development. The partnership aims to leverage their combined strengths for innovative and sustainable community projects. CEO Bob Peterson of Carter will retire following the transaction.
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