Rising Phoenix Royalties Announces Eagle Ford Basin Oil And Natural Gas Royalty Acquisition
Jan 13, 2022•almost 4 years ago
Acquiring Company
Rising Phoenix Royalties
Acquired Company
Gas
Media And Entertainment
Description
Rising Phoenix Royalties (RPR) reveals a 90% oil/10% natural gas royalty acquisition of 121 net royalty acres from an undisclosed seller in the Eagle Ford Basin, Karnes County, TX.
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