Prudent Growth Partners Completes Its Purchase Of 4160 Piedmont Office
Aug 15, 2021•almost 4 years ago
Acquiring Company
Prudent Growth Partners
Acquired Company
Piedmont Office
Description
Prudent Growth has completed its acquisition of a 28,000 sq. ft. office building located in Greensboro’s Piedmont Triad Airport Submarket.
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