Azimut stock: Company agrees to acquire remaining 49% of Kennedy Capital Management
Published on 10/01/2026 at 08:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Azimut has agreed to acquire the remaining 49% of Kennedy Capital Management LLC, taking its stake in the U.S. investment boutique to 100%, according to MarketScreener in a report published September 21, 2026.
Transaction details
The transaction will be carried out in cash and includes specific earn-out mechanisms. Closing is expected by the end of 2026 and remains subject to customary closing conditions, the report said.
Expansion of existing partnership
The acquisition completes a partnership that began when Azimut entered KCM’s share capital with a 35% stake in November 2022 and later increased its holding to 51% in February 2025. KCM is expected to continue operating as an investment boutique within Azimut NSI, the asset-management and distribution platform formed after the acquisition of North Square Investments in 2025.
