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Davidson Kempner Completes Acquisition Of Us$1.1 Billion Loan Portfolio From Abu Dhabi Commercial Bank

Jan 31, 2023•almost 3 years ago

Acquiring Company

Davidson Kempner Capital Management

Acquired Company

US$1.1 billion

New YorkAngel InvestmentFinanceFinancial Services

Description

Investment funds advised by Davidson Kempner Capital Management LP ("Davidson Kempner"), have completed the acquisition of a portfolio of non-performing loans ("the Portfolio") from Abu Dhabi Commercial Bank PJSC ("ADCB"), a full-service commercial bank with a primary focus on the United Arab Emirates ("UAE").

Company Information

Company

Davidson Kempner Capital Management

Location

New York, New York, United States

About

Davidson Kempner Capital Management LP is a global investment management firm with more than 39 years of experience and a focus on fundamental investing with a multi-strategy approach. Davidson Kempner has approximately $38 billion in assets under management and over 500 employees across seven offices: New York, Philadelphia, London, Dublin, Hong Kong, Shenzhen and Mumbai. Additional information is available at: www.davidsonkempner.com

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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