GCG Advisory Partners LLC completes acquisition of First Fidelity Financial Group of Atlanta to expand wealth management business
Jan 09, 2025•11 months ago
Acquiring Company
GCG Advisory Partners
Acquired Company
First Fidelity Financial Group of Atlanta
Description
GCG Advisory Partners LLC proudly announces its acquisition of First Fidelity Financial Group of Atlanta, enhancing its footprint and increasing its total managed assets to approximately $2.9 billion. This strategic move underscores GCG AP's mission to empower financial advisors with scalable business models, succession planning, and growth opportunities.
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