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Virtus Investment Partners Closes On Acquisition Of Stone Harbor Investment Partners

Jan 03, 2022almost 4 years ago

Acquiring Company

Virtus Investment Partners

Acquired Company

Stone Harbor

New YorkFinancial ServicesLending And InvestmentsFinancial Services

Description

Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-boutique asset management business, today completed the previously announced acquisition of Stone Harbor Investment Partners, a premier manager of emerging markets debt, multi-asset credit, global corporates, and other strategies with $14.5 billion1 of assets under management.

Company Information

Company

Virtus Investment Partners

About

Virtus Investment Partners, Inc. (NASDAQ: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. The company provides investment management products and services through its affiliated managers and select subadvisers, each with a distinct investment style, autonomous investment process, and individual brand. Virtus Investment Partners offers access to a variety of investment styles across multiple disciplines to meet a wide array of investor needs. In addition to Stone Harbor, Virtus' affiliates include Ceredex Value Advisors, Duff & Phelps Investment Management, Kayne Anderson Rudnick Investment Management, Newfleet Asset Management, NFJ Investment Group, Seix Investment Advisors, Silvant Capital Management, Sustainable Growth Advisers, Virtus ETF Solutions, and Westchester Capital Management.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed