Acquiring Company
Sixth Street
Acquired Company
Caliche Development Partners
Description
Sixth Street has completed the acquisition of Caliche Development Partners, enhancing its investment in the energy sector. Caliche will continue to operate both Central Valley Gas Storage and Golden Triangle Storage facilities. The acquisition will allow Caliche to expand its operations and improve efficiency in natural gas storage. The management is committed to maintaining high standards and meeting regional energy needs.
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