Cramer Hails Janus Henderson Take-Private as Trian, General Catalyst Agree to $7.4 Billion Deal
He says going private gives the money manager room to pursue AI-driven changes without quarterly-earnings pressure.
Overview
- Trian Fund Management and General Catalyst agreed to acquire Janus Henderson in a deal described as roughly an 18% premium to October trading levels.
- Janus Henderson shares rose after the announcement, closing 3.1% higher, according to market coverage.
- Evercore ISI maintained an In Line rating, trimmed its price target to $49 from $50, and expressed skepticism about the valuation multiple.
- Cramer framed the buyout as a likely template for more companies to go private in 2026.
- He said Nelson Peltz will be involved post-transaction while Janus Henderson’s current team continues to run the business.