Acquiring Company
Oxford Capital Group,and Oxford Hotels & Resorts
Acquired Company
Thompson Chicago
Description
Oxford Capital Group, LLC today announced the acquisition of the 247-room, luxury lifestyle hotel Thompson Chicago, located in the prestigious Gold Coast neighborhood. Oxford Capital Group's wholly owned affiliate, Oxford Hotels & Resorts, LLC, also takes over management of the property as of today. Thompson Chicago joins Oxford's growing national lifestyle hotel portfolio, which includes Godfrey Hotels in Chicago, Boston, Tampa, and Hollywood (with several additional locations in the pipeline); LondonHouse; Hotel Julian; Le Méridien Essex Chicago; Hotel Griffon; Hotel Vertigo; and others.
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