Acquiring Company
Greenbriar
Acquired Company
Towne Park
Description
Greenbriar Equity Group, L.P. ("Greenbriar"), announced that funds managed by Greenbriar completed an acquisition of Towne Park ("Towne Park" or the "Company"), a leading parking and hospitality solutions provider, from TA Associates ("TA"). Financial terms of the private transaction were not disclosed.
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