Virtus Investment Partners Closes On Acquisition Of Stone Harbor Investment Partners
Jan 03, 2022•almost 4 years ago
Acquiring Company
Virtus Investment Partners
Acquired Company
Stone Harbor
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.
M&A Insights
Based on deal dataIntegration 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