P10 Announces Agreement To Acquire Qualitas Funds For $63M, Establishing European Presence With $1B In Fee-Paying Assets Under Management And Over 1,300 LPs; Expected To Be Accretive To ANI Per Share In 2025
Portfolio Pulse from Benzinga Newsdesk
P10 has announced an agreement to acquire Qualitas Funds for $63 million, marking its entry into the European market with $1 billion in fee-paying assets under management and over 1,300 limited partners. The acquisition is expected to be accretive to ANI per share by 2025.
September 17, 2024 | 12:05 pm
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P10's acquisition of Qualitas Funds for $63M expands its presence into Europe, adding $1B in fee-paying assets and over 1,300 LPs. This move is expected to be accretive to ANI per share by 2025.
The acquisition of Qualitas Funds significantly expands P10's asset base and geographic reach, which is likely to positively impact its financial performance. The expectation of accretive effects on ANI per share by 2025 suggests a positive outlook for the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100