Vinci Compass agrees to buy AustralRe for R$336 million
VINP•Vinci Compass agreed to acquire 100% of AustralRe for an estimated R$336 million, comprising about R$247 million in cash and 1.7 million new shares. The deal is expected to close in the first quarter of 2027 and deliver immediate double-digit accretion to distributable earnings per share.
1. Deal terms
Vinci Compass agreed to acquire 100% of AustralRe for an estimated R$336 million, valuing the reinsurer at 1.0 times tangible book value. Consideration includes approximately R$247 million in cash and 1,700,000 shares of new VINP Class A common stock.
2. Business plans
AustralRe will anchor Vinci Permanent Capital Solutions, a new business separate from Asset Management that will support fund commitments and new investment strategies. The acquisition is expected to deliver immediate double-digit accretion to distributable earnings per share. Closing is expected in the first quarter of 2027, and AustralRe CEO Bruno Freire and the current senior management team will remain.
