Savills Studley has bought management consulting firm KLG Advisors.
KLG’s clients have included MetLife, Time Warner, NYSE, Pfizer, Axa Equitable, Citigroup, Fidelity Investments, Computer Associates, UBS and Goldman Sachs.
KLG’s existing employees, half a dozen professionals all based in New York, will move into Savills Studley’s New York City offices.
Doane Kelly, founding principal at KLG, said: “KLG has received many overtures over the last two decades, but in the end there was really only one place where our intellectual capital could be effectively leveraged, and that was Savills Studley.”
Savills Studley president Michael Colacino said: “Everyone who works with Doane and his team forms the same impression: they are very smart, very skilled, and they possess the highest integrity.”
