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For those of you who are not familiar with our presidents' meeting, it's an annual event Main Street hosts for our lower middle market portfolio company leaders to network, build relationships, share bestpractices, learn from each other, and benefit from being on Main Street's portfolio.
The increase in SG&A was primarily associated with increased restructuring costs in the period from settling the leases from company-owned transition studios and increased legal fees to address regulatory inquiries. This range translates into roughly 39% adjusted EBITDA margin at the midpoint and is unchanged from the previous guidance.
And of course, we were pleased this month to welcome Amy Tu into the role of chief legal and compliance officer. We're also making investments in technology to make it easier for our team members to serve our guests. During her career, Amy has served in key leadership roles for several Fortune 100 companies.
We're on track to fully deliver in line with guidance on all aspects of the combination through efficiencies, cost synergies, and free cash flow impact leveraging operational bestpractices from Aon business services. So everything is in the construct of that. Listen, we love this platform.
Joining me on today's call are: Brian Armstrong, co-founder and CEO; Emilie Choi, president and COO; Alesia Haas, CFO; and Paul Grewal, chief legal officer. No change to our operational and legal processes of securely storing customer assets, no change to our obligations or risks. It's a one-year return on investment.
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