Stonebridge Companies Expands Third-party Management Platform Through Acquisition Of Real Hospitality Group
May 22, 2024•over 1 year ago
Acquiring Company
Stonebridge Companies
Acquired Company
Real Hospitality Group
Description
Stonebridge Companies, LLC, a Denver-based hotel management company, has expanded its third-party management platform with the acquisition of Real Hospitality Group, LLC, a leading hotel management company based in Ocean City, Maryland. This acquisition will create a dynamic, leading hotel management group with a diverse national portfolio encompassing more than 160 properties across 20 states.
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