Victory Capital to Combine Amundi US into Its Platform; Amundi Takes 26.1% Stake
July 9, 2024
Victory Capital has reached a definitive agreement to combine Amundi's US business (formerly Pioneer Investments) into its platform in exchange for Amundi receiving a 26.1% economic stake in Victory Capital. The deal includes reciprocal 15-year distribution agreements, aims to broaden product offerings and global distribution, and is expected to deliver meaningful cost synergies and near-term EPS accretion.
- Targets
- Amundi US (Amundi Holdings US, Inc.)
- Sellers
- Amundi (Amundi US / Amundi Holdings US, Inc.)
- Industry
- Financial Services
- Location
- Massachusetts, United States
- Transaction Type
- Divestiture
Explore More
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.