logo
logo

Marlin Spring Acquires 8 Dawes Road Development Site From Metrolinx

Apr 04, 2023over 2 years ago

Acquiring Company

Marlin Spring

Acquired Company

8 Dawes Road Development Site

Toronto

Description

Marlin Spring is proud to announce the acquisition of 8 Dawes Road, a high-rise, transit-oriented mixed-use development site in Toronto. Marlin Spring Development Fund II acquired the property from Metrolinx as part of the agency’s commitment to facilitating housing opportunities around GO station locations.

Company Information

Company

Marlin Spring

Location

Toronto, Ontario, Canada

About

Marlin Spring, a Toronto-based real estate investment and development firm which has been active for close to a decade, is pleased to announce that it is has closed on commitments of over $115 million for its recent Development Fund (the “Fund”) with an additional closing anticipated in the fall of 2021.

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