KKR completes acquisition of portfolio of four industrial warehouses serving the Central Florida market
Oct 21, 2024•about 1 year ago
Acquiring Company
KKR
Acquired Company
Description
KKR, a leading global investment firm, has announced the acquisition of a portfolio of four Class A industrial warehouses serving the greater Central Florida market, including Orlando and Tampa. The 1.2 million square-feet (SF) portfolio is strategically located at the intersection of Interstate 4 and U.S. Route 27, facilitating access to key demand drivers across Central Florida. The acquisition was made through KKR Real Estate Partners Americas III fund, expanding KKR’s total warehouse acquisitions in the U.S. to nearly eight million SF since the start of the year.
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
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