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Fortis Capital Advisors Acquires Next Horizon Advisors

Apr 13, 2022•about 3 years ago

Acquiring Company

Fortis Capital Advisors

Acquired Company

Fortis Capital Advisors

OtherOther

Description

Fortis Capital Advisors, an emerging RIA based in the Kansas City area, announced today that it has expanded its national footprint with the acquisition of Princeton, NJ based Next Horizon Advisors. Established in 2014, Next Horizon Advisors provides comprehensive wealth management and planning solutions for their clients.

Company Information

Company

Fortis Capital Advisors

About

Fortis Capital is committed to advisor growth. We provide a cutting edge platform of technology, compliance, back-office support and wealth management/planning resources for advisors to focus primarily on what they do best, procuring new clients and continually building relationships with current clients. In addition to those resources, Fortis Capital helps advisors build around their practices with strong recruiting resources and practice acquisition tools and financing strategies. For more information, please visit fortiscapitaladvisors.com or call Rob Hagg at 913.222.8862. SOURCE Fortis Capital Advisors

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