Ensign’S Standard Bearer Healthcare Reit, Inc. Acquires Real Estate Assets In California
Jul 06, 2022•about 3 years ago
Acquiring Company
Standard Bearer Healthcare REIT
Acquired Company
Estate Assets
Description
The Ensign Group, Inc. (Nasdaq: ENSG) announced today that Standard Bearer Healthcare REIT, Inc., a subsidiary of Ensign, acquired the real estate at the following skilled nursing facilities in California, which acquisitions were effective July 1, 2022:
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