Gi Partners Announces Northern Virginia "Always On" Real Estate Acquisitions For Its Essential Tech + Science Fund
Aug 10, 2022•almost 3 years ago
Acquiring Company
GI Partners
Acquired Company
Estate
Description
GI Partners, a leading private alternatives investment firm, has announced the acquisition of five "Always On" properties representing 860,000 square feet and located in the nation's leading market for defense technology employment, on behalf of its Essential Tech + Science Fund (GI Partners ETS Fund LP, the "ETS Fund"). The properties, all of which are located in high density Northern Virginia markets, are leased to many of the largest defense and government contracting companies in the U.S.
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