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New Deal


Announced

Completed

Goldman Sachs completed the acquisition of NN Investment Partners from NN Group for €1.7bn.

Financials

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Transaction Value£1,447m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private

Majority

Asset Managers and Custodians

asset management

Netherlands

Friendly

Cross Border

Single Bidder

Completed

Synopsis

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Goldman Sachs completed the acquisition of NN Investment Partners, an asset management company, from NN Group, an insurance and asset management company, for €1.7bn. "This acquisition advances our commitment to put sustainability at the heart of our investment platform. It adds scale to our European client franchise and extends our leadership in insurance asset management. We are excited to welcome the talented team at NN Investment Partners, a center of excellence in sustainable investing, to Goldman Sachs and together we will focus on delivering long-term value to our clients and shareholders," David Solomon, Goldman Sachs Chairman and CEO.

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