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Completed acquisition · SEC Form 8-K, Item 2.01

Virtus Investment Partners, Inc. acquisition of 56% of the equity of Keystone National Group, LLC

From Virtus Investment Partners, Inc.'s Form 8-K of 2026-03-02, quoted and linked below.

Virtus Investment Partners, Inc. completed its acquisition of 56% of the equity of Keystone National Group, LLC on 2026-03-01, according to the Form 8-K Virtus Investment Partners, Inc. filed with the SEC on 2026-03-02. The filing states a price of $200 million.

AcquirerVirtus Investment Partners, Inc.
Acquired56% of the equity of Keystone National Group, LLC
Completed2026-03-01
Price stated in the filing$200 million
Reported byVirtus Investment Partners, Inc. (VRTS), the buyer
FilingForm 8-K, filed 2026-03-02

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What the filing says

On March 1, 2026 (the "Closing"), Virtus Investment Partners, Inc., a Delaware corporation (the "Company"), through its wholly owned subsidiary Virtus Private Markets Holdings, LLC, a Delaware limited liability company, completed its previously announced acquisition of 56% of the equity of Keystone National Group, LLC ("Keystone"), a Delaware limited liability company, pursuant to an Equity Purchase Agreement (the "Purchase Agreement"), dated as of December 5, 2025, by and among the Company, Virtus Private Markets Holdings, LLC, Keystone, and Keystone's owners and beneficial owners (the "Transaction").

The price, in the filing's words

The purchase price payable by the Company for the equity of Keystone acquired at Closing was (a) $200 million in cash at Closing, subject to customary adjustments as set forth in the Purchase Agreement, (b) an additional $65 million payable in cash on the first anniversary of the Closing, (c) an additional $30 million payable in cash on the second anniversary of the Closing, and (d) up to an additional $75 million of contingent consideration payable in cash over two to three years following the Closing subject to the achievement of specified Keystone revenue targets.

More from the filing

The Company may acquire up to up to an additional 19% of the equity through the exercise of put/call options in accordance with the terms and subject to the conditions of the Transaction documents.
The Company financed the acquisition using existing balance sheet resources.

Quoted from Virtus Investment Partners, Inc.'s Form 8-K.

This is the only completed acquisition Virtus Investment Partners, Inc. reported under Item 2.01 in the last twelve months.

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Where this comes from

A public company must file a current report on Form 8-K with the SEC within four business days of completing a significant acquisition or disposition of assets, under Item 2.01 of the report. The acquired company sometimes files one too, when the deal makes it a subsidiary of the buyer.

Every fact on this page is taken from one of those filings and linked to it: which company acquired which, the date the filing gives for completion, and the price when the filing states one in dollars, shown next to the sentence that states it. A filing states what was bought and on what terms; it rarely states why, and neither does this page.

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Cite this page

Permanent URL: https://mentionfox.com/acquisitions/virtus-investment-partners-56-of-the-equity-of-keystone-national-group-2026-03-01
Last updated 2026-09-30
Primary record: SEC filing
Virtus Investment Partners, Inc. acquires 56% of the equity of Keystone National Group, LLC for $200 million: completed 2026-03-01. MentionFox, 2026-09-30. https://mentionfox.com/acquisitions/virtus-investment-partners-56-of-the-equity-of-keystone-national-group-2026-03-01