Acquiring Company
Kingsbarn Realty Capital
Acquired Company
Skims Body
Description
Kingsbarn Realty Capital has successfully acquired the office property located at 1601 Vine Street in Los Angeles, which serves as the headquarters for Skims Body, Inc. This acquisition signifies Kingsbarn's commitment to the recovering office market. The property features over 115,000 square feet of space and is strategically leased by Skims through mid-2038. Kingsbarn's CEO expressed excitement over the investment opportunity represented by this acquisition.
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