Elevation Capital Group Announces The Acquisition Of Oakville Self Storage In Alexandria, Virginia By Elevation Fund 8, Llc.
Sep 15, 2022•almost 3 years ago
Acquiring Company
ELEVATION CAPITAL GROUP
Acquired Company
OAKVILLE SELF STORAGE IN ALEXANDRIA
Description
Orlando-based real estate investment company, Elevation Capital Group, and its affiliates, ("Elevation") has announced that Elevation Fund 8 ("Fund 8"), has successfully completed the acquisition of Oakville Self Storage located across from Potomac Yard in Alexandria, Virginia.
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