Heitman acquires majority stake in Swedish self-storage operator, Servistore
Feb 24, 2025•10 months ago
Acquiring Company
Heitman
Acquired Company
Servistore
Description
Heitman LLC, a global real estate investment management firm, has announced the acquisition of a majority stake in Servistore, the third largest self-storage operator in Sweden. This strategic move aligns with Heitman's European value strategy and reflects its continued investment in the rising global demand for self-storage. Heitman intends to leverage Servistore's focus on technology and aims to establish it as a market leader under its ownership.
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