Palladius Capital Management Completes Acquisition Of Austin-Area Student Housing Property
Apr 05, 2022•over 3 years ago
Acquiring Company
Palladius Capital Management
Acquired Company
Austin-Area Student Housing Property
Description
Palladius Capital Management (“Palladius”), a vertically-integrated real estate investment manager focused on pursuing multifamily, student housing, hospitality and select thematic investment strategies, today announced the acquisition of The Heights, a 672-bed student housing property located in the Austin, TX suburb of San Marcos. The acquisition was made on behalf of Palladius Real Estate Fund I (“PREF I”), a private real estate investment fund focused on producing attractive risk-adjusted returns through the acquisition, management and disposition of equity interests in multifamily and student housing assets across the country.
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