ClosedPublished 21 Nov 2022

Westwood Holdings Group, Inc. /
Salient Partners, L.P.

Westwood adds Salient’s asset management business

Price
$35m
Stage
Closed
Buy side: Westwood Holdings Group, Inc.
Buy sideWestwood Holdings Group, Inc.
Target: Salient Partners, L.P.
TargetSalient Partners, L.P.
Source · 21 Nov 2022
Buy side: Westwood Holdings Group, Inc.
Buy sideWestwood Holdings Group, Inc.
Target: Salient Partners, L.P.
TargetSalient Partners, L.P.
01 / BuyerWestwood Holdings Group, Inc.
02 / TargetSalient Partners, L.P.
01

What happened

Westwood Holdings Group, Inc. completed its acquisition of Salient Partners, L.P.’s asset management business on Nov. 18, 2022. Salient is a Houston-based asset management firm.

The purchase included an upfront payment of $35 million in cash, subject to customary adjustments, and deferred cash and equity payments of up to $25 million tied to revenue retention and growth targets.

02

The source

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01
Source · Original source

Westwood adds Salient’s asset management business

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03

Timeline

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  1. Closed

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  2. Published by the source

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