Pathstone Announces The Acquisition Of Wateroak'S Investment Advisory And Wealth Management Business
Mar 31, 2022•over 3 years ago
Acquiring Company
Pathstone
Acquired Company
Wealth Management
EnglewoodReal EstateDescription
Pathstone, an independently operated, partner-owned advisory firm offering comprehensive customized investment advice and family office services for families, family offices, and foundations and endowments, today announced it entered into an agreement to acquire certain assets of Eaton Vance WaterOak Advisors ("WaterOak")*. WaterOak, based in Winter Park, Florida, provides institutional and private wealth clients with custom investment solutions that leverage WaterOak's thoughtful, technology-driven approach.
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