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New Deal


Announced

BPCE-backed Natixis to acquire 25% stake in WCM Investment.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For25%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

asset management company

Asset Managers and Custodians

Domestic

Single Bidder

Private

Private Equity

Minority

Friendly

Pending

United States

Synopsis

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BPCE-backed Natixis, a international corporate and investment banking, asset management, insurance and financial services company, agreed to acquire 25% stake in WCM Investment, an independent asset management firm. Financial terms were not disclosed. “We are pleased to become the global third-party distributor for WCM, whose strong track record and proven investment process make them an excellent partner and strong addition to our global offering. Our investment in WCM exemplifies our commitment to adding high-conviction, highly active investment managers to our multi-affiliate platform in order to provide our clients with a wide range of unique investment opportunities,” Jean Raby, Natixis CEO.

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