Vinci Partners Investments Ltd. (NasdaqGS:VINP) entered into an agreement to acquire Compass Group LLC for approximately $160 million on March 7, 2024. The Transaction will have a total upfront consideration of 11,783,384 shares of VINP Class A common stock, and a cash consideration of $31.3 million, in the form of VINP Class C redeemable common stock. Under the agreement, Compass partners are entitled to an earn-out of up to an additional 7.5% stake in the combined entity, subject to the achievement of pre-determined metrics, to be paid in VINP Class A common stock until 2028. Upon Transaction closing, Manuel Balbontín, partner, founder and Chairman of Compass, and Jaime de la Barra, partner, founder and Vice Chairman of Compass, will join Vinci´s Board of Directors. Compass executives and senior management will continue in their current roles. The Transaction is expected to close in the third quarter of 2024, subject to regulatory approvals and other customary closing conditions. Transaction is immediately accretive to Vinci´s Fee Related Earnings (?FRE?) per share, with short and medium-term additional accretion from revenue and productivity enhancement synergies to be unlocked with the integration of both platforms.

Goldman Sachs & Co. LLC acted as financial advisor to Vinci, with S. Todd Crider, Grenfel S. Calheiros , Andrew B. Purcell, Sarah Lindley, Jiaying Zhang, Peter Guryan and Tristan Brown of Simpson Thacher & Bartlett LLP as transaction legal counsel and Carey Abogados as Latin American legal counsel. Morgan Stanley & Co. LLC acted as financial advisor to Compass, with Skadden, Arps Slate, Meagher & Flom LLP as transaction legal counsel. Tim Cone and Angus Davison of Ogier Global (Cayman) Limited acted as legal advisor to Compass. Barros & Errázuriz Abogados acted as legal advisor to Compass.