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Vinci Compass to Acquire 50.1% of Verde Asset in Cash and Stock, With Option for Full Buyout

Closing is targeted for the fourth quarter pending regulatory approvals.

Overview

  • The agreement values the initial stake at R$46.8 million in cash plus 3.1 million newly issued Class A shares.
  • First-phase consideration will be split between closing—2.2 million shares and R$32.4 million—and a tranche in two years of about 900,000 shares and R$14.4 million tied to revenue targets.
  • A five-year earnout gives Vinci the option to purchase the remaining 49.9% for an estimated R$127.4 million in cash and/or shares if conditions are met.
  • Luis Stuhlberger will remain CEO of Verde and become a Vinci partner as the firms preserve Verde’s investment independence under an independent governance model.
  • Vinci projects a double-digit lift to fee-related revenue and a low-to-mid single-digit impact on distributable EPS, while aiming to pair Verde’s multimarket franchise with its pan-regional distribution and alternatives platform.