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Hunt Military Communities announces acquisition of Atlantic Marine Corps Communities to expand military housing portfolio

Oct 22, 2024•about 1 year ago

Acquiring Company

Homeport Hampton Roads

Acquired Company

Atlantic Marine Corps Communities (AMCC)

El PasoBeaufortReal EstateNon ProfitNon Profit

Description

Hunt Military Communities, the largest provider of military housing in the U.S., has announced the acquisition of Atlantic Marine Corps Communities (AMCC) from Lendlease. This strategic move further solidifies HMC's commitment to delivering exceptional housing and support for military families nationwide, expanding its portfolio to nearly 60,000 homes spread across more than 55 military installations.

Company Information

Company

Homeport Hampton Roads

Location

El Paso, Texas, United States

About

Homeport Hampton Roads is a high-performing, privatized housing development supporting unaccompanied Navy personnel. The $336 million project comprises 1,846 fully furnished units accommodating 3,682 beds. It features a mix of apartments, recreational amenities, and a 31,000-square-foot community center, providing Navy personnel with a market-standard, pedestrian-friendly urban village with amenities such as fitness centers, pools, and community spaces.

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M&A Insights

Based on deal data
Integration 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