Acquiring Company
Sofia Storage
Acquired Company
Sofia Storage
OtherOther
Description
Storage Post Self Storage has expanded its presence in New York City by acquiring three facilities from Sofia Storage. These properties are strategically located in Manhattan and Brooklyn and will enhance Storage Post's ability to serve new customers. The acquisition reflects the ongoing demand for self-storage in premium locations across the city.
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