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Savills Studley to buy advisory firm KLG.

Savills Studley has reached aN agreement to acquire the management consulting firm KLG Advisors.

Founded in 1993, KLG provides strategic location and workforce advisory services to large corporations.

KLG advises across diverse industry sectors and has served MetLife, Time Warner, NYSE, Pfizer, AXA Equitable, Citigroup, Fidelity Investments, Computer Associates, UBS and Goldman Sachs, among other notable clients.

KLG's existing employees, half a dozen professionals all based in New York, will move into Savills Stud ley's New York City offices.

Mitchell Steir, CEO and chairman of Savills Studley, observed, "KLG has the finest reputation among real estate advisory firms, providing unmatched analytical services combined with profound strategic guidance to some of the America's most successful companies."

Doane Kelly, founding principal of KLG, explained that "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". Both firms share a focus on occupiers, histories of passionate client advocacy, and a commitment to unconflicted advice delivered to the C-suite.

Savills Studley's president Michael Colacino, added "Everyone who works with Doane and his team forms the same impression: they are very smart, very skilled, and they possess the highest integrity."

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Comment:Savills Studley to buy advisory firm KLG.
Publication:Real Estate Weekly
Date:Mar 25, 2015
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