Acquiring Company
Dakota Wealth Management
Acquired Company
Loveless Wealth Management
Description
Dakota Wealth Management, an independent investment management firm serving high-net-worth individuals and families, has entered into an agreement to acquire Billings, Montana-based Loveless Wealth Management LLC. Loveless is Dakota Wealth's fourth transaction in the past 12 months.
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