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New Deal


Announced

Completed

Victory Capital completed the acquisition of WestEnd Advisors for $480m.

Financials

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Transaction Value£351m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

asset management firm

United States

wealth management

Private Equity

Majority

Single Bidder

Asset Managers and Custodians

Private

Acquisition

Friendly

Completed

Synopsis

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Victory Capital, a diversified global asset management firm, completed the acquisition of WestEnd Advisors, an independent institutional asset management firm, for $480m. "The acquisition of WestEnd Advisors is very strategic and transformational to our business. It adds a high-quality and proven investment platform as well as a new product capability in a fast-growing market segment," David Brown, Victory Capital Chairman and CEO.

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