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.
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