---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-086555"
form_type: "8-K/A"
ticker: "VCTR"
cik: "0001570827"
company_name: "Victory Capital Holdings, Inc."
filed_at: "2025-06-16T23:59:59+00:00"
generated_at: "2026-05-19T06:27:50.641599+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Victory Capital completes acquisition of Amundi US for 26.1% fully diluted stake

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-25-086555
- form_type: 8-K/A
- ticker: VCTR
- cik: 0001570827
- company_name: Victory Capital Holdings, Inc.
- filed_at: 2025-06-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1570827/000095017025086555/0000950170-25-086555-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1570827/000095017025086555/vctr-20250401.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-086555
- JSON: https://secwatch.observer/filing/0000950170-25-086555.json
- Plain text: https://secwatch.observer/filing/0000950170-25-086555.txt

## Key facts
- M&A Transactions
  Victory Capital Holdings, Inc. completed an acquisition involving Amundi Asset Management S.A.S (closed 2025-04-01).
  - Action: acquisition
  - Counterparty: Amundi Asset Management S.A.S
  - Closing: 2025-04-01
  source text: On April 1, 2025, the Company completed the transactions contemplated by the Contribution Agreement (the “contribution”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1570827/000095017025086555/0000950170-25-086555-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.