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The Colony Group, LLC completes acquisition of GYL Financial Synergies, LLC to enhance its capabilities

Nov 04, 2024•8 months ago

Acquiring Company

The Colony Group

Acquired Company

Gyl Gyl, Inc.

BostonLos AngelesManufacturing

Description

Focus Financial Partners Inc. has announced that Focus partner firm GYL Financial Synergies, LLC, has formally joined Focus firm The Colony Group, LLC. Through this transaction, GYL has added more than $6.6 billion in regulatory assets under management to Colony’s client assets. The GYL team has combined with Colony’s team to deepen Colony’s bench of experts, enhance its capabilities, and double the size of its institutional practice.

Company Information

Company

The Colony Group

Location

Boston, Massachusetts, United States

About

The Colony Group is an independent, national wealth and business management firm with approximately $32.3 billion in assets under management. They serve the complex needs of various clients, including business owners and entrepreneurs, corporate executives, professionals, investors, athletes and entertainers, and families with multigenerational needs.

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

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