Lifespace Communities To Acquire Three Texas Senior Living Communities
Jul 20, 2022•almost 3 years ago
Acquiring Company
Lifespace Communities
Acquired Company
Three Senior Living Communities
West Des MoinesNon ProfitCommunity And LifestyleDescription
Lifespace Communities announced today that it has finalized an agreement with a private equity investment group for Lifespace to acquire three senior living campus communities in Texas – Meadow Lake in Tyler, Wesley Court in Abilene, and The Craig in Amarillo.
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