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Austin Capital Acquires Candor Ventures

Mar 02, 2022•over 3 years ago

Acquiring Company

Austin Capital General Partners LLLP

Acquired Company

Candor Ventures

Lending And InvestmentsFinancial ServicesSoftwareFinancial ServicesInformation Technology

Description

Austin Capital General Partners, LLLP (“Austin Capital”) announces its strategic acquisition of Candor Ventures, a venture studio and fund focused on early-stage venture investments and incubations.

Company Information

Company

Austin Capital General Partners LLLP

About

Austin Capital General Partners, LLLP, a Southern California-based venture firm managing a fintech focused $125M fund along with a venture studio and a digital alternative investment platform. Its founder and partners have an average of 16 years of experience in financial services, technology development, and decentralized finance.www.AustinCapital.Partners

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