Acquired Company
Wealth Partners Capital Group
Financial ServicesProfessional ServicesOtherCommunity And Lifestyle
Description
EP Wealth Advisors, LLC (“EP Wealth”), an independent registered investment adviser (“RIA”) on a mission to provide clients with personalized advice through integrated financial planning, investment management, tax and estate planning, announced its acquisition of Homewood Capital Management (“Homewood”). The acquisition expands EP Wealth’s footprint in the Greater San Francisco region to include the Danville area.
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