Slate Asset Management To Acquire Presima, A $1.1-Billion Montreal-Based Specialist Investment Manager Focused On Global Real Estate Securities
May 11, 2022•over 3 years ago
Acquiring Company
Slate Asset Management
Acquired Company
Presima
Description
Slate Asset Management (“Slate”), a global alternative investment platform targeting real assets, today announced an agreement to acquire Presima Inc. (“Presima”), a Montreal-based investment manager with $1.1 billion in assets under management (the “Transaction”). The Transaction will further scale Slate’s investment management business, which it launched in 2018 with the inception of Slate Securities, an investment management platform specializing in real estate investing across the public and private real estate markets.
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