Gi Partners Announces The Acquisition Of A Premier Life Sciences Asset In Boston'S Thriving Seaport Lab Cluster
Jun 08, 2022•about 3 years ago
Acquiring Company
GI Partners
Acquired Company
Premier Life Sciences Asset
Description
GI Partners, a leading private investment firm, continues its strategy of acquiring and managing technology enabled real estate by announcing the acquisition of 451 D Street ("451 D") in Boston, MA, a state-of-the-art life science, data center, and creative office asset leased to some of the biotechnology industry's most promising firms and multiple established data center operators.
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