Rhp Properties Announces Purchase Of 50 Manufactured Home Communities In Midwest Totaling 5,232 Home Sites
Sep 19, 2022•almost 3 years ago
Acquiring Company
RHP PROPERTIES
Acquired Company
50 HOME COMMUNITIES
Description
RHP Properties (RHP), the nation's largest private owner and operator of manufactured home communities, has announced the acquisition of 50 manufactured home communities, including 41 communities in Wisconsin, seven in Minnesota, and two in Michigan, with plans to add over 500 new manufactured homes in the next five years.
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