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Lcn Capital Announces The Acquisition Of Prominent Portuguese Supermarket Portfolio

Mar 15, 2023•over 2 years ago

Acquiring Company

LCN Capital Partners

Acquired Company

Supermarket Portfolio

Real Estate InvestmentReal EstateFinanceFinancial Services

Description

LCN Capital Partners ("LCN"), a recognized leader in the primary sale-leaseback and build-to-suit market, has reached an agreement to acquire 49 retail real estate assets in Portugal making it one of the largest private owners of supermarket assets in Iberia.

Company Information

Company

LCN Capital Partners

About

Founded in 2011 by Edward V. LaPuma and Bryan York Colwell, LCN now manages nearly $7 billion in assets across several funds denominated in US Dollars, Euros, and Pounds Sterling. Headquartered in New York City, LCN also has offices in Amsterdam, Cologne, London, Luxembourg, and Palm Beach. LCN is a recognized leader in the sale-leaseback and build-to-suit market, having completed over 100 investments, acquiring properties in 16 countries across North America and Europe. LCN's investment team has extensive experience dealing with sale-leasebacks across all industries, credit ratings, property types, and locations. The firm seeks to deliver consistent distributions to investing-partners while providing an alternative capital source to corporate owners of real estate. For more information, please visit: https://www.LCNpartners.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