Starboard Realty Advisors Completes Acquisition Of Highly-Amenitized Apartment Community In Fort Worth, Texas
Jan 06, 2022•over 3 years ago
Acquiring Company
Starboard Realty Advisors
Acquired Company
APARTMENT COMMUNITY IN FORT WORTH
Real Estate
Description
Starboard Realty Advisors is pleased to announce the acquisition of The Dylan - a 227-unit garden-style apartment community located in the suburbs of Fort Worth, Texas – on December 10th, 2021, for an undisclosed price. Jorg Mast, Chis Paul, and Danny Miller of Colliers International represented the seller, a Texas based developer.
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