Caf Cos. & Goldman Sachs Asset Management Acquire 8 Dfw Apartment Communities
Dec 05, 2022•over 2 years ago
Acquiring Company
the Goldman Sachs Asset Management Urban Investment Group (UIG)
Acquired Company
8 DFW Apartment Communities
Real Estate InvestmentReal EstateFinancial Services
Description
CAF Funds, a subsidiary of CAF Companies dedicated to social impact, has acquired a portfolio of eight multifamily housing communities, growing its impact-driven portfolio to a total of 16 properties across Texas. The Obsidian portfolio was acquired by CAF in partnership with the Urban Investment Group within Goldman Sachs Asset Management (Goldman Sachs).
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