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WATG completes acquisition of SOSH Architects to enhance expertise in hospitality design

Sep 30, 2024•about 1 year ago

Acquiring Company

WATG

Acquired Company

SOSH Architects

TustinAtlantic CityReal EstateHospitalityHotelHospitality

Description

WATG has strategically acquired SOSH Architects, integrating to form a single entity with expertise in design for the hospitality, entertainment, and gaming sectors. Following the acquisition, the two firms are working closely together to establish and implement strategies as a single business entity, offering clients a deeper bench of expertise and service.

Company Information

Company

WATG

Location

Tustin, California, United States

About

WATG is the world's preeminent leader in integrated luxury hospitality design. Independent to this day and with a profound respect for heritage, its five studios – Advisory, Master Planning, Architecture, Landscape and Wimberly Interiors – stay true to their values, designing spaces that respect, protect and enhance the natural magic of their surroundings while delivering long-term value for clients and communities.

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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