R2 Companies & Concord Capital Partners Acquire Bankier Portfolio At University Of Illinois
Dec 29, 2021•almost 4 years ago
Acquiring Company
R2 Companies
Acquired Company
Bankier Portfolio
Financial ServicesCommerce And Shopping
Description
R2 Companies and Concord Capital Partners are proud to announce the acquisition of the Bankier Portfolio at the University of Illinois. The portfolio that was amassed over 60 years by Leon Bankier and his family has been acquired by the Joint Venture in an off-market transaction.
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