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Ascent Real Estate Management Corporation Acquires Portfolio Of Sutton Select Property Management Corp.

Jun 30, 2022•about 3 years ago

Acquiring Company

Ascent Real Estate Management

Acquired Company

Sutton Select Property Management

Description

Ascent Real Estate Management Corporation (Ascent) a Burnaby, British Columbia property management company, announced today that they have acquired the portfolio of Sutton Select Property Management & Realty (SSPM&R).

Company Information

Company

Ascent Real Estate Management

About

Ascent Real Estate Management Corporation provides strata and property management for Greater Vancouver and is located in Burnaby. Call or email us today.

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