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Rhp Properties Announces Purchase Of Three Manufactured Home Communities In Fond Du Lac, Wisconsin With A Total Of 455 Home Sites

Sep 01, 2022•over 3 years ago

Acquiring Company

RHP Properties

Acquired Company

Yes! Communities

Professional ServicesSales And MarketingCommunity And LifestyleOtherInformation Technology

Description

RHP Properties (RHP), the nation's largest private owner and operator of manufactured home communities, has announced the acquisition of three manufactured home communities in Fond du Lac, Wisconsin including Gaslight Terrace, Green Meadows, and Lakeshore Terrace, with a total of 455 home sites.

Company Information

Company

RHP Properties

About

Founded in 1988, RHP Properties is the nation's largest privately held owner and operator of manufactured home communities with managed assets of more than $6B, including 299 manufactured home communities nationwide, totaling about 71,209 homes in 28 states. Headquartered in Farmington Hills, Michigan, RHP Properties employs more than 1,000 professionals. For more information visit www.rhp.com. SOURCE RHP Properties

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