Acquiring Company
Mercer Global Advisors
Acquired Company
Mallard Financial Partners
DenverFinancial ServicesDescription
Mercer Global Advisors, Inc. ("Mercer Advisors"), a national Registered Investment Adviser (RIA), today announced the acquisition of Mallard Financial Partners, Inc., (hereinafter "Mallard"). Mallard is a comprehensive wealth management firm located in Newark, Delaware. Mallard was founded in 1996 by Paul Baumbach, CFA®, who currently co-manages the firm along with Joe Daigle, CEO, CFEI. Mallard's strong team of advisors and service professionals serve over 200 clients with assets under management ("AUM") of approximately $180 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