Acquiring Company
Macquarie Asset Management
Acquired Company
Central Park Group
Description
Macquarie Asset Management, the asset management division of Macquarie Group (ASX: MQG; ADR: MQBKY), today announced the completion of its acquisition of Central Park Group, LLC, an independent investment advisory firm that specializes in institutional-quality alternative investment strategies for high-net-worth investors.
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