2024-03-18 01:30:51 ET
Summary
- Vinci Partners announces acquisition of Compass Group, leading to a merger that will increase assets under management to $50 billion.
- The deal is not considered a bargain, but Vinci's management has a track record of successful integrations.
- Synergies and integration challenges are expected, but the Brazilian business continues to perform well.
Vinci Partners ( VINP ) is a Brazilian asset manager, with a focus on alternative assets. I have been recommending the name since June 2022 for a total return of 30% inclusive of dividends.
My latest article on the company is very recent, from January 2024 . However, the company recently announced a merger/acquisition with Compass Group , a leading asset manager and distributor in Latin America....
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For further details see:
Vinci Is Still A Buy After Acquiring Compass, But With More Caution