m_and_a
confidence high
sentiment positive
materiality 0.75
Victory Capital completes acquisition of Amundi US for 26.1% fully diluted stake
Victory Capital Holdings, Inc.
- Closed April 1, 2025; issued 3.29M common shares (4.9% of outstanding) and 19.74M preferred shares (26.1% fully diluted).
- Amundi US reported 2024 revenue of $543.7M and net income of $113.7M, up from $467.3M and $76.2M in 2023.
- Additional 5.44M preferred shares issued May 23, 2025 as true-up for client consents obtained post-closing.
- Post-closing consideration subject to customary adjustments; audited and unaudited financials filed pro forma.
item 2.01item 9.01