Walton Street Capital, L.L.C. acquires Tri-County 75, a Class A Industrial Park in Fort Myers, FL
Nov 07, 2024•about 1 year ago
Acquiring Company
Walton Street Capital, L.L.C.
Acquired Company
Tri-County 75
Description
An affiliate of Walton Street Capital, L.L.C. (“Walton Street”) has acquired Tri-County 75, a four-building multi-tenanted Class-A industrial park, totaling 816,866 square feet located in Fort Myers, FL. This acquisition provides immediate scale and supports Walton Street's growth efforts in markets that have seen robust leasing and population growth in recent years. Tri-County 75 represents a unique opportunity to acquire a premier asset in a rapidly expanding Florida market.
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