The Colony Group to Acquire Derby & Company

INVESTMENT MANAGEMENT DEALS BLOG

December 2, 2021

On November 22, 2021, The Colony Group, LLC announced that it will acquire Derby & Company, Inc.

Under the terms of the transaction, The Colony Group, LLC (“Colony”) will acquire Derby & Company, Inc. (“Derby”). The transaction, subject to customary closing conditions, is expected to close later this year. Further terms of the deal were not disclosed.

Colony, based in Boston, Massachusetts, is a financial advisory wealth management firm. As of December 2020, Colony had approximately $13 billion in assets under management.

Derby, based in Newton, Massachusetts, is an RIA that specializes in 401(k) plans and managing money for wealthy families. Derby has approximately $691 million assets under management.

To read the press release: please click here.