{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-101533","form_type":"8-K","ticker":"VCTR","cik":"0001570827","company_name":"Victory Capital Holdings, Inc.","filed_at":"2026-08-26T20:30:45+00:00","discovered_at":"2026-08-26T20:32:00.273424+00:00","generated_at":"2026-08-26T20:32:04.852580+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Victory Capital to acquire First Eagle for ~$7.0B, creating $571B AUM manager","bullets":["Total consideration ~$7.0B: $4.4B cash, $2.0B stock, plus assume $575M of First Eagle's 7.25% notes due 2032.","Combined AUM ~$571B; First Eagle has $222B AUM with positive net flows each of last 3 years.","Deal expected ~35% accretive to 2027E adjusted EPS; ~$280M net expense synergies; pro forma revenue ~$3.2B.","Genstar to own ~14.6% of Victory (voting capped at 4.9%), two board seats; David Brown remains CEO/Chairman.","Expected close by end of Q1 2027; subject to regulatory approvals, client consents, and Victory shareholder approval."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-101533","json":"https://secwatch.observer/filing/0001104659-26-101533.json","markdown":"https://secwatch.observer/filing/0001104659-26-101533.md","text":"https://secwatch.observer/filing/0001104659-26-101533.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1570827/000110465926101533/0001104659-26-101533-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1570827/000110465926101533/tm2624030d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-26T20:32:04.852580+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"}