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R2 Companies & Concord Capital Partners Acquire Bankier Portfolio At University Of Illinois

Dec 29, 2021almost 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.

Company Information

Company

R2 Companies

About

R2 Companies is a fully integrated, private equity real estate firm with offices in Chicago, Austin, Nashville, Milwaukee & Minneapolis. R2's investments have generated impressive risk-adjusted returns having acquired over 50 properties since 2006, with an active portfolio of +$800M in AUM and 6.2 Million square feet. For additional information, visit R2.me.

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