Waverly Advisors Completes Fourth Merger In 2022 With Acquisition Of Sandifer Wealth Management
Dec 12, 2022•almost 3 years ago
Acquiring Company
Brass Tax Wealth Management
Acquired Company
Wealth Partners Capital Group
BirminghamFinanceFinancial ServicesFinancial ServicesProfessional ServicesOtherCommunity And LifestyleDescription
Waverly Advisors (“Waverly”), a registered investment advisor (“RIA”) that specializes in investment management, financial planning and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans and institutional clients, has acquired Sandifer Wealth Management (“SWM”), a Mobile, AL, fee-only RIA. This acquisition highlights Waverly’s continuous growth trajectory in 2022, expanding their footprint in the Southeast.
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