Jogan Inc. Acquires Denver'S Closet, Most Affordable Ski Area, Echo Mountain
Oct 10, 2023•about 2 years ago
Acquiring Company
Jogan
Acquired Company
Closet
Real Estate
Description
Jogan Inc., a Denver-based holding company, acquired Echo Mountain, a ski area located near Evergreen and Idaho Springs, CO on September 18th, 2023, turning the page on a new chapter at the storied ski area located just 36 miles or 50 minutes from downtown Denver.
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