Announced
Completed
Financials
Tags
Domestic
asset management firm
United States
wealth management
Private Equity
Majority
Single Bidder
Asset Managers and Custodians
Private
Acquisition
Friendly
Completed
Synopsis
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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