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Highland Capital Brokerage Acquires Hallett Financial Group And Quotacy

Jan 10, 2022almost 4 years ago

Acquiring Company

Highland Capital Brokerage

Acquired Company

Hallett Financial Group

Description

Highland Capital Brokerage, a national life insurance and annuity distribution company and subsidiary of Advisor Group, today announced the acquisitions of Hallett Financial Group, an independent insurance brokerage agency based in Minneapolis, as well as Hallett Financial's sister company, Quotacy, an insuretech firm.

Company Information

Company

Highland Capital Brokerage

About

Highland Capital Brokerage is a national life insurance and annuity distribution company providing point-of-sale support, advanced marketing, and creative estate and business planning techniques to financial advisors and insurance professionals. We deliver these services in an efficient, client-focused environment that extends to carrier and product expertise, underwriting negotiation, and complete back-office processing. Our core competencies include life insurance, annuities, and longevity planning. Highland delivers objective access to major insurance carriers, advanced planning support, expertise in risk underwriting, and back-office processing to insurance brokers, financial planners, and various institutions such as banks, wirehouses, and certified public accountant firms. To learn more about Highland Capital Brokerage, visit www.highlandbrokerage.com. Securities by Licensed Individuals Offered Through Securities America, Inc. A Registered Broker/Dealer, Member FINRA, SIPC.

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