$66 million Deal Value
has been acquired by
Financial advisor to VS Holdings
Janus Capital Group to acquire Velocity Shares
October 13, 2014 (Darien, CT) – Freeman & Co. congratulates its client, VelocityShares, on the recent announcement that Janus Capital Group (NYSE: JNS) (“Janus”) has reached an agreement to acquire the company. The transaction includes upfront cash consideration of $30 million. This transaction is subject to customary closing conditions and is expected to close before the end of the year. For additional information on the transaction, please see the press release issued by Janus dated October 13, 2014.
This transaction further increases Freeman & Co.’s leading market share in M&A transactions involving exchange-traded product organizations and this transaction represents the firm’s 4th transaction in the space.