Victory Capital Acquires WestEnd Advisors
November 4, 2021
Victory Capital Holdings, Inc. entered into a definitive agreement to acquire 100% of WestEnd Advisors, LLC, a Charlotte-based asset manager that provides ETF-based model allocation strategies and separately managed accounts with approximately $18 billion in assets. The deal was announced November 4, 2021 (upfront consideration of $480 million plus deferred earnouts) and the acquisition closed on December 31, 2021.
- Buyers
- Victory Capital Holdings, Inc.
- Targets
- WestEnd Advisors, LLC
- Industry
- Financial Services
- Location
- North Carolina, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Janus Henderson Acquires Majority Stake in Victory Park Capital
August 12, 2024
Financial Services
Janus Henderson Group has agreed to acquire a majority stake in Victory Park Capital Advisors, a Chicago-based private credit manager that specializes in asset-backed lending and structured financing. The transaction expands Janus Henderson’s private credit capabilities and insurance-focused solutions, and is expected to close in Q4 2024 subject to customary regulatory approvals.
-
Victory Capital Acquires Certain Assets of THB Asset Management
March 1, 2021
Financial Services
Victory Capital Holdings, Inc. completed the acquisition of certain assets of THB Asset Management, adding approximately $555 million in equity assets and incorporating THB as its 10th investment franchise. THB will remain in Norwalk, Connecticut, and the transaction expands Victory Capital's capabilities in capacity-constrained small-/micro-cap strategies and adds offshore distribution relationships.
-
AlTi Global Acquires East End Advisors
April 3, 2024
Wealth Management
AlTi Global, Inc. (NASDAQ: ALTI) has completed the acquisition of East End Advisors, an independent advisory firm with approximately $5.6 billion in AUM. The deal expands AlTi’s wealth and advisory capabilities and brings East End’s ultra-high-net-worth family and foundation client relationships onto AlTi’s global platform.
-
Victory Capital Acquires New Energy Capital Partners
September 13, 2021
Financial Services
Victory Capital Holdings, Inc. agreed to acquire 100% of New Energy Capital Partners (NEC), adding NEC as its 11th investment franchise and launching an alternative investments platform focused on clean energy infrastructure. NEC, a Hanover, New Hampshire–based alternative asset manager specializing in debt and equity investments in clean energy projects, will operate within Victory Capital's centralized operating and distribution infrastructure.
-
EP Wealth Advisors Acquires Vantage Advisors, LLC
April 29, 2022
Financial Services
EP Wealth Advisors, a Torrance, California-based registered investment adviser, has acquired St. George, Utah-based Vantage Advisors, LLC, marking EP Wealth's first office in southern Utah. The deal adds Vantage's financial planning and tax-preparation capabilities and increases EP Wealth's AUM by $349 million; financial terms were not disclosed.
-
Modern Capital Acquires Western Equity Group, Inc.
March 16, 2020
Financial Services
Modern Capital, a Charleston-based diversified financial services firm, has entered into a definitive agreement to acquire Western Equity Group, Inc., an SEC-registered, FINRA-member broker-dealer. The acquisition will expand Modern Capital’s retail and institutional trading capabilities and establish a capital markets desk; Western Equity Group will be renamed Modern Capital Securities Co. and its personnel will join Modern upon closing (subject to FINRA approval).
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.