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Searchlight Capital Partners To Acquire A Minority Stake In Synergy Marine Group

Oct 07, 2022about 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.

Company Information

Company

Searchlight Capital Partners L.P

Location

Back

About

Searchlight is a global private investment firm with approximately $10 billion in assets under management and offices in New York, London and Toronto. Searchlight seeks to invest in businesses where its long-term capital and strategic support accelerate value creation for all stakeholders. For more information, please visit www.searchlightcap.com.

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