Searchlight Capital Partners To Acquire A Minority Stake In Synergy Marine Group
Oct 07, 2022•about 3 years ago
Acquiring Company
Searchlight Capital Partners L.P
Acquired Company
Synergy Marine Group
Angel InvestmentVenture CapitalFinanceFinancial ServicesTransportationOil And Gas
Description
Funds advised by Searchlight Capital Partners, L.P. (“Searchlight”) and Synergy Marine Group (“Synergy") have today announced the completion of Searchlight’s acquisition of a minority ownership stake in Synergy, a leading global ship manager and provider of end-to-end maritime solutions. The terms of the transaction were not disclosed.
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