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Intervest Capital Partners Acquires Point-Of-Sale Financing Provider

Sep 26, 2022•almost 3 years ago

Acquiring Company

InterVest Capital Partners

Acquired Company

Financing

Real Estate InvestmentLendingReal EstateFinanceFinancial Services

Description

Foundation Finance Company LLC ("Foundation" or the "Company") announced today that InterVest Capital Partners ("InterVest"), a New York-based specialty finance investment firm formerly known as Wafra Capital Partners, has acquired the Company from Garrison Investment Group.

Company Information

Company

InterVest Capital Partners

Location

Park Avenue 35Th

About

InterVest Capital Partners ("InterVest"), a New York-based investment management firm, manages or advises funds and accounts that specialize in specialty finance and real estate investments. InterVest has significant experience investing in non-bank lending, leasing and specialty rental businesses as well as real estate and real estate debt, and its team has been operating in these arenas since 1999. For more information, visit intervest.com

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