West Shore Acquires Three Properties: Two In South Carolina And One In Florida
Jan 20, 2022•over 3 years ago
Acquiring Company
West Shore
Acquired Company
THREE PROPERTIES
Real EstateLending And InvestmentsFinancial ServicesSoftware
Description
West Shore, a multifamily real estate investment firm, announces its acquisition of three new properties – two in South Carolina and one in Florida.
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