Acquiring Company
Mercer Global Advisors
Acquired Company
Andesa Financial Management
Description
Mercer Global Advisors, Inc. ("Mercer Advisors"), a national Registered Investment Adviser (RIA), today announced the acquisition of Andesa Financial Management, Inc. (hereinafter "Andesa"). Andesa is a comprehensive wealth management firm located in Allentown, Pennsylvania focusing on serving the financial needs of their clients. Andesa was founded in 2004 by a team including Paul C. Barbehenn ("Paul"), CFA®, CFP®, Principal, and later joined by Michael C. Baittinger ("Michael"), CFP®, ChFC®, Principal, in 2006. Paul, Michael and the rest of the Andesa team serve 260 clients with assets under management ("AUM") of approximately $330 million.
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