{"schema_version":"secwatch.filing_event.v1","accession":"0000883237-26-000032","form_type":"8-K/A","ticker":"VRTS","cik":"0000883237","company_name":"VIRTUS INVESTMENT PARTNERS, INC.","filed_at":"2026-05-14T20:43:06+00:00","discovered_at":"2026-05-14T20:44:00.269574+00:00","generated_at":"2026-05-14T20:44:08.766300+00:00","sec_items":["9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Virtus acquires 56% of Keystone for $308.2M; expands into private credit","bullets":["Total purchase price $308.2M: $198.8M cash at close, $109.4M contingent consideration (deferred cash $88.1M, earn-out $21.3M).","Keystone generated $60.9M in management fee revenue and $40.9M net income for FY2025.","Pro forma balance sheet adds $307M intangible assets and $246M goodwill; Virtus incurs $50M additional debt.","Acquisition closed March 1, 2026; Keystone specializes in asset-centric private credit."],"urls":{"canonical":"https://secwatch.observer/filing/0000883237-26-000032","json":"https://secwatch.observer/filing/0000883237-26-000032.json","markdown":"https://secwatch.observer/filing/0000883237-26-000032.md","text":"https://secwatch.observer/filing/0000883237-26-000032.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/883237/000088323726000032/0000883237-26-000032-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/883237/000088323726000032/vrts-20260301.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T20:44:08.766300+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}