Yieldstreet To Acquire Online Investment Platform Cadre, Ushering In A New Era Of Private Market Alternatives Investing
Nov 30, 2023•about 2 years ago
Acquiring Company
Yieldstreet
Acquired Company
Cadre
Description
Yieldstreet, a leading private market investment platform, today announced a definitive agreement to acquire Cadre, an online, real-estate-focused investment platform that serves institutional and high net worth investors.
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