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VINCI COMPASS COMPLETES ACQUISITION OF 50.1% STAKE IN VERDE ASSET MANAGEMENT
Prnewswire· 2025-12-01 21:05
Core Insights - Vinci Compass Investments Ltd. has completed the acquisition of a 50.1% stake in Verde Asset Management, enhancing its position in the alternative investments sector in Latin America [1][3] - The acquisition adds approximately R$16 billion in assets under management (AUM), bolstering Vinci Compass's Global Investment Products & Solutions offerings [2][5] - The transaction is structured in two phases, with the first phase involving a controlling stake acquisition and the second phase planned for five years later to acquire the remaining 49.9% [3][4] Transaction Overview - The acquisition was announced on October 6, 2025, and closed on December 1, 2025, involving a mix of newly issued VINP Class A common shares and cash [3] - The payment for the acquisition is set in two installments, with the second contingent on revenue targets [3] - The transaction is expected to be immediately accretive on a double-digit basis to Free Cash Flow (FRE) per share and low-to-mid single-digit accretive to Distributable Earnings per share [4] Company Background - Vinci Compass is a leading provider of alternative investments and global solutions in Latin America, with nearly three decades of experience and R$316 billion in AUM as of September 2025 [5] - Verde Asset Management, founded in 2015, manages approximately R$16 billion and is recognized for its long-term investment strategies in Brazil [6]