Agora completes acquisition of Clearshift's Real Estate Division to revolutionize cross-border payments
Jun 13, 2024•over 1 year ago
Acquiring Company
Agora
Acquired Company
Clearshift
Description
Agora, a leading innovator in real estate investment management, has strategically acquired Clearshift's real estate division. This acquisition underscores Agora's commitment to revolutionizing the investment management landscape and streamlining cross-border payments between GPs and LPs for globally operating real estate firms. The integration of Clearshift's robust capabilities enhances Agora's platform to deliver greater value: streamlined and cost-effective international payments, setting a new standard in the industry.
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