Gid Announces Acquisition Of 95K+ Sq Ft Industrial Building In Southern California
May 22, 2023•over 2 years ago
Acquiring Company
GID
Acquired Company
Industrial Building
Description
GID, a real estate owner and fiduciary that invests in multiple asset classes, has announced the acquisition of 401 Alabama, a Class A, multi-tenant industrial warehouse located in the Inland Empire.
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