Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 1.0
VIRTUS INVESTMENT PARTNERS, INC. entered into Equity Purchase Agreement with Keystone National Group, LLC, and Keystone’s owners and beneficial owners valued at $200 million in cash at the Closing (effective 2025-12-05).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- Keystone National Group, LLC, and Keystone’s owners and beneficial owners
- Value
- $200 million in cash at the Closing
- Effective
- 2025-12-05
Exact text from the filing
On December 5, 2025, Virtus Investment Partners, Inc. (the “Company”), through its wholly owned subsidiary Virtus Private Markets Holdings, LLC, a Delaware limited liability company, entered into an Equity Purchase Agreement (the “Purchase Agreement”) with Keystone National Group, LLC, a Delaware limited liability company (“Keystone”), and Keystone’s owners and beneficial owners, to acquire (i) 56% of the equity of Keystone at the closing (“Closing”) of the Transaction (as defined below); and (ii) up to an additional 19% of the equity of Keystone through the exercise of put/call options, all upon the terms and conditions contained in the Purchase Agreement and related transaction documents (the “Transaction”). The purchase price payable by the Company for the equity of Keystone acquired at Closing is (a) $200 million in cash at the Closing, subject to adjustment as set forth in the Purchase Agreement, (b) an additional $65 million payable in cash on the first anniversary of the Closing
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