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Noble Acquires The Hilton Garden Inn Boise | Downtown

Jun 23, 2022•about 3 years ago

Acquiring Company

Noble

Acquired Company

Hilton

McleanTransportationManufacturingTravelHospitalityHotel

Description

Noble Investment Group ("Noble") today announced the acquisition of the Hilton Garden Inn Boise | Downtown, capping more than $1.0 billion of investment activity over the past year.

Company Information

Company

Noble

About

Noble is a provider of supply chain management, logistics, mission support, and technology solutions for the U.S. military and federal, state, and local governments. Headquartered in the greater Boston area, the company operates around the world under multiple DLA TLS Prime Vendor contracts and GSA Multiple Award Schedules. Its global footprint includes 26 storefront operations and six international operations centers, distribution centers, and consolidation points positioned to expedite delivery and enhance product availability. As a distributor of 11,000 manufacturers, Noble stocks more than a million items in warehouses throughout the U.S. and abroad.

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

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