Digitalbridge Announces Acquisition Of Leading Asian Data Center Business
Jul 26, 2021•about 4 years ago
Acquiring Company
DigitalBridge Group
Acquired Company
Asian Data Center Business
Description
DigitalBridge Group, Inc. (“DigitalBridge”) (NYSE: DBRG) today announced the acquisition of the data center business of PCCW Ltd. by funds affiliated with DigitalBridge’s investment management platform.
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