Victory Capital Announces Acquisition of First Eagle Investments

What Happened

• On August 26, 2026, Victory Capital Holdings, Inc. (VCTR) announced it entered into a definitive agreement with Genstar Capital to acquire First Eagle Investments. The transaction consideration will include cash and stock; specific financial terms were not disclosed in the Form 8-K. A press release describing the agreement was furnished as Exhibit 99.1.

Key Details

• Announced: August 26, 2026. Parties: Victory Capital, First Eagle Investments, and Genstar Capital.
• Consideration: mix of cash and stock (amounts and structure not disclosed in the filing).
• Closing: subject to customary closing conditions and required approvals, including a shareholder vote to approve any share issuance.
• Next steps: Victory expects to file a proxy statement and other SEC documents regarding the transaction; those materials will be mailed to stockholders when available.

Why It Matters

• This is a strategic acquisition announcement that could affect Victory’s business scale and ownership structure, since the deal involves stock issuance and requires shareholder approval. Investors should watch for the upcoming proxy statement and detailed transaction terms (purchase price, AUM impact, expected synergies or integration plans) when filed with the SEC. The filing includes forward-looking statements and identifies company directors and executives as potential participants in the solicitation of proxies. Investors are urged to read the proxy and related SEC filings carefully once available.