Acquisition History / Virtus Investment Partners, Inc. / Keystone National Group, LLC (56% interest)
Virtus Investment Partners, Inc. Acquires Keystone National Group, LLC (56% interest)
Announced March 2026 — $200M
What happened
Virtus acquired 56% of the equity of Keystone National Group through its Virtus Private Markets Holdings subsidiary on March 1, 2026. The price for the stake acquired at closing was $200M in cash plus an additional $65M payable on the first anniversary and a further $30M deferred payment.
- Acquirer
- Virtus Investment Partners, Inc.
- Target
- Keystone National Group, LLC (56% interest)
- Announced
- March 2026
- Price
- $200M
- Industry
- Private markets asset management
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Virtus Investment Partners, Inc. acquire Keystone National Group, LLC (56% interest)?
Virtus Investment Partners, Inc. acquired Keystone National Group, LLC (56% interest) on March 2026. This was Virtus Investment Partners, Inc.'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Virtus Investment Partners, Inc. pay for Keystone National Group, LLC (56% interest)?
Virtus Investment Partners, Inc. paid $200M for Keystone National Group, LLC (56% interest).
What does Keystone National Group, LLC (56% interest) do?
Virtus acquired 56% of the equity of Keystone National Group through its Virtus Private Markets Holdings subsidiary on March 1, 2026. The price for the stake acquired at closing was $200M in cash plus an additional $65M payable on the first anniversary and a further $30M deferred payment.
What other Private markets asset management companies has Virtus Investment Partners, Inc. acquired?
Keystone National Group, LLC (56% interest) is Virtus Investment Partners, Inc.'s only publicly tracked acquisition in Private markets asset management so far.