Activate Renewables Purchases Renewable Real Estate Portfolio From Alchemy
Nov 29, 2022•about 3 years ago
Acquiring Company
Activate Renewables
Acquired Company
Estate Portfolio
SolarRenewable EnergyEnergy
Description
Activate Renewables, a leading acquirer of real estate and royalty interests in wind, solar and energy storage, is pleased to announce it recently closed on the purchase of a renewable energy real estate portfolio owned by Alchemy Renewable Energy.
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