Acquiring Company
The BLVD Group
Acquired Company
Rock Ridge Apartments
WoonsocketReal EstateHospitalityNon ProfitCommunitiesDescription
The BLVD Group has announced its acquisition of Rock Ridge Apartments for $57 million. This deal will enable significant renovations and the creation of 30 new affordable housing units. The project aims to enhance access for lower-income households in the region, demonstrating BLVD's commitment to revitalizing affordable housing. Comprehensive upgrades will modernize facilities and improve energy efficiency.
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