Storage Ventures, A Vertically Integrated Real Estate Investment Management Platform, Acquires Western Mass Storage Solutions And Thirty Pines Self Storage
Mar 03, 2022•almost 4 years ago
Acquiring Company
Storage Ventures
Acquired Company
Western Mass Storage Solutions
Real Estate
Description
Storage Ventures, a vertically integrated real estate investment management platform focused on self storage and related sectors, today announced its formation and recent acquisitions. Storage Ventures is based in Greenwich, Connecticut, and is led by its founding partner, U.S. real estate executive Douglas Lee.
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