logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Maverix Acquires Gold Stream And Enters Into Strategic Partnership With Auramet

Sep 28, 2021•about 4 years ago

Acquiring Company

Maverix

Acquired Company

Gold Stream

Description

Maverix Metals Inc. (the "Company" or "Maverix") (NYSE American: MMX) (TSX: MMX) is pleased to announce it has reached an agreement with Auramet Capital Partners, L.P., an affiliate of Auramet International LLC ("Auramet"), to acquire a gold stream and enter a long-term strategic partnership.

Company Information

Company

Maverix

About

Maverix is a gold-focused royalty and streaming company with a globally diversified portfolio of over 100 assets. Maverix's mission is to increase per share value by acquiring precious metals royalties and streams. Its shares trade on both the NYSE American and the TSX under the symbol "MMX".

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