Quantcast
The first installment of our new predictive index shows that dealmakers expect overall M&A to increase, with health care outperforming the overall market READ MORE 

SLIDESHOW

ACG New York Women of Leadership - Entrepreneur Series
Barbara Bradley Baekgaard, founder of Vera Bradley (Nasdaq: VRA), is the latest in a series of entrepreneurs highlighted at ACG New York Women of Leadership events. Photo credit: Robert Blumenfeld

Watercooler

GTCR, Hormel, the Riverside Co-CEOs and Others Win M&A Mid-Market Awards
Amid a slow and challenging year for dealmaking, the winners of Mergers & Acquisitions’ 7th Annual M&A Mid-Market Awards outpaced the competition to grow, innovate and lead the middle market

Roundtable

Financial Services Companies Heat Up M&A Market
Speakers from Flexpoint Ford, Genstar Capital, Baird Capital, Madison Capital Funding and Katten Muchin Rosenman discuss the various factors playing a role in M&A activity within the financial services space

Expert's Corner

Pursuing Pharma Manufacturing
The fragmented pharmaceutical manufacturing industry provides plenty of opportunities for private equity investors, says JLL Partners founder Paul Levy

Private Equity
Crestview Buys Victory Capital from KeyCorp for $246M

Victory Capital is an investment advisory firm with $22.1B in assets under management

New York private equity firm Crestview Partners has purchased Victory Capital Management from KeyCorp. (NYSE: KEY) for $246 million.

Crestview teamed up with Victory’s employees for the deal, which is expected to close in the third quarter.

Victory will operate as an independent firm and maintain its headquarters in Cleveland. The investment advisory firm has $22.1 billion in assets under management.

Crestview has about $4 billion in capital under management. The company’s investments include Capital Bank Financial Corp., Core Media Group and Select Energy Services LLC. 

Victory was owned by financial services company KeyCorp., which plans to use the sale proceeds to repurchase sales of its common stock.

Morgan Stanley & Co. LLC acted as KeyCorp.'s financial adivser, and Sullivan & Cromwel LLP is legal counsel.

 

For more information on related topics, visit the following: