VINCI COMPASS ANNOUNCES THE LAUNCH OF VINCI PERMANENT CAPITAL SOLUTIONS WITH THE ACQUISITION OF AUSTRALRE

The proposed acquisition adds a reinsurance-backed capital platform, with immediate double-digit earnings-per-share accretion expected.

Rhea-AI Summary

Vinci Compass (NASDAQ: VINP) agreed to acquire AustralRe, establishing a permanent-capital business separate from its Asset Management division upon closing.

The acquisition covers 100% of AustralRe and is priced at 1.0x tangible book value. Estimated consideration is R$336 million following pre-closing capital distributions and extraordinary dividends, comprising approximately R$247 million in cash and 1.7 million new VINP Class A shares. The final mix may vary with some minority shareholders' elections.

Vinci Compass expects immediate double-digit accretion to Distributable Earnings per share and closing in the first quarter of 2027, subject to antitrust and regulatory approvals. Vinci Permanent Capital Solutions is intended to support the firm's own fund commitments, seed new strategies and expand third-party fundraising. AustralRe's current management will remain in place.

4 points · 0 major

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0 major · 4 points

Hollow bars mark forward-looking points. How the balance works

Positive

• Moderate pointAustralRe acquisition covers 100% of the business at 1.0x tangible book value.
• Moderate point. Forward-looking: it has not happened yet and may not happen.Distributable Earnings per share accretion is expected to be immediate and double-digit.
• Minor point. Forward-looking: it has not happened yet and may not happen.Vinci Permanent Capital Solutions is expected to provide long-term capital for Vinci Compass' own fund commitments.
• Minor point. Forward-looking: it has not happened yet and may not happen.AustralRe's investable assets are expected to support new strategies, third-party fundraising and fee-related growth as they expand.

Negative

• Moderate pointAcquisition consideration is estimated at R$336 million, including approximately R$247 million in cash.
• Minor point. Forward-looking: it has not happened yet and may not happen.Approximately 1.7 million new VINP Class A shares would dilute holders; final cash/stock mix may vary.
• Minor pointExpected first-quarter 2027 closing remains subject to antitrust and regulatory approvals.
• Minor point. Forward-looking: it has not happened yet and may not happen.Capital deployment depends on AustralRe's investment policy, solvency and liquidity requirements, and applicable insurance regulations.

News Explained

AustralRe reported approximately R$1.8 billion in cash and investments as of June 2026; the release says support from its investable assets is subject to its investment policy, solvency and liquidity requirements, and insurance regulations.

Key Figures

Acquired stake: 100% Purchase price: 1.0x Tangible Book Value Total consideration: R$336 million +5 more

Acquired stake

100%

AustralRe

Purchase price

1.0x Tangible Book Value

Transaction pricing

Total consideration

R$336 million

Estimated, following pre-closing capital distributions and extraordinary dividends

Cash consideration

Approximately R$247 million

Estimated component of consideration

Stock consideration

1.7 million new VINP Class A common shares

Estimated component of consideration

Distributable Earnings per share accretion

Double-digit

Expected to be immediate

Gross written premiums

R$3.0 billion

AustralRe, last twelve months

Expected closing

First quarter of 2027

Subject to antitrust and regulatory approvals and customary closing conditions

Key Terms

reinsurance, gross written premiums, tangible book value, solvency

4 terms

reinsurance technical

"one of the leading independent reinsurance platforms in Latin America"

Reinsurance is when insurance companies buy insurance for themselves to protect against very big losses. It’s like a car owner getting extra coverage from another company so that if there's a serious accident, the financial hit isn’t all on one company. This helps insurance companies stay stable and able to pay out when disasters happen.

gross written premiums financial

"reaching R$3.0 billion in gross written premiums over the last twelve months"

Gross written premiums are the total amount of money an insurance company charges for all the policies it sells during a specific period, before subtracting any costs or claims. It's like the total sales a store makes from all its products before deducting expenses. This figure shows how much business the insurer is taking on and helps gauge its size and growth.

tangible book value financial

"priced at 1.0x Tangible Book Value"

Tangible book value is the accounting measure of a company’s net worth after removing intangible items like goodwill, patents and trademarks, leaving only physical and financial assets minus liabilities. For investors it offers a clearer view of the company’s hard-asset backing per share—like estimating the cash you could get by selling the furniture, machinery and cash in a house—helping gauge downside risk and whether a stock may be cheaply valued.

View in glossary

solvency regulatory

"subject to AustralRe's investment policy, solvency and liquidity requirements"

Solvency is a company's ability to meet its long-term financial obligations, meaning its total assets and future cash flows are sufficient to cover its total liabilities. Investors care about solvency because it indicates whether a business can survive over time and avoid bankruptcy; think of it like a homeowner having more equity and steady income than mortgage debt, which makes long-term default unlikely.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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• Transaction launches Vinci Permanent Capital Solutions ("VPCS"), a new business vertical separate from the Asset Management division, building a clear and transparent segregation between the asset-light and balance sheet businesses;
• AustralRe's durable capital will fund Vinci Compass' GP commitments as its investable assets grow, enabling Vinci Compass to seed new strategies and scale third-party fundraising organically, a true differentiator and competitive advantage for growth in Latin America;
• Transaction is expected to be immediately accretive to Distributable Earnings per share at a double-digit rate.

RIO DE JANEIRO, Oct. 21, 2026 /PRNewswire/ -- Vinci Compass Investments Ltd. (NASDAQ: VINP) ("Vinci Compass," "the Firm," "we," "us," or "our"), the controlling company of a leading alternative investments and global solutions provider in Latin America, announced today an agreement (the "Transaction") to acquire 100% of Austral Resseguradora ("AustralRe," or "the Company"), one of the leading independent reinsurance platforms in Latin America. Upon closing of the Transaction ("Closing"), AustralRe will anchor Vinci Permanent Capital Solutions ("VPCS"), a new business vertical designed to combine AustralRe's reinsurance franchise with a permanent capital base that supports Vinci Compass' long-term growth across the region.

Founded in 2011 by Vinci Compass' partners, alongside Vinci Capital Partners ("VCP"), the Firm's Private Equity investment strategy, AustralRe is a leading independent reinsurance platform in Brazil, with operations across 16 countries in Latin America. The Company has established a track record of consistent growth, supported by disciplined underwriting and portfolio diversification, reaching R$3.0 billion in gross written premiums over the last twelve months and approximately R$1.8 billion in cash and investments as of June 2026.

"Today marks a transformational milestone in Vinci Compass' history," said Alessandro Horta, Chief Executive Officer of Vinci Compass. "AustralRe is a company we know deeply, having actively participated in its founding and served on its Board for fifteen years, helping build it into one of the most respected reinsurance franchises in Latin America. We are firm believers in the long-term growth of the business and the combination with Vinci Compass is a natural step to bolster both companies' trajectories. Permanent capital represents a decisive competitive advantage, and the launch of Vinci Permanent Capital Solutions establishes a self-funding balance sheet that will support our next phase of growth in Latin America while reinforcing the strength of our asset-light Asset Management business."

"Joining Vinci Compass marks an important new chapter for AustralRe," said Bruno Freire, Chief Executive Officer of AustralRe. "Since our inception, we have built a disciplined, knowledge-driven underwriting franchise with strong relationships with leading insurers across the region. Becoming part of a fully integrated platform with a strong presence across Latin America and shared culture and set of principles will strengthen AustralRe's long-term positioning, while preserving the underwriting discipline, customer focus and team that has driven the extensive track record. As part of a NASDAQ-listed group, AustralRe will benefit from access to a larger capital base, creating opportunities to accelerate the platform's growth."

Strategic Rationale

• The Transaction establishes VPCS as a permanent capital platform anchored by AustralRe's reinsurance business, separate from the existing Asset Management division. This creates a clear delineation between Vinci Compass' asset-light and balance sheet businesses and strengthens the Firm's competitive position in Latin America;
• Latin America is marked by longer capital cycles and higher GP commitment expectations. VPCS is expected to provide an efficient and stable source of long-term capital that may support Vinci Compass' GP commitments while preserving strategic flexibility across market cycles;
• AustralRe's reinsurance operations generate a recurring and growing base of investable assets that is not subject to LP redemption cycles. This permanent asset base is expected to allow Vinci Compass to support the seeding of new strategies, scale third-party fundraising and drive growth in Fee-earning AUM, Fee Related Revenues and Fee Related Earnings as AustralRe's investable assets expand and subject to AustralRe's investment policy, solvency and liquidity requirements and applicable insurance regulations;
• The Transaction is expected to be immediately accretive to Distributable Earnings per share on a double-digit basis.

Transaction Overview

The Transaction was priced at 1.0x Tangible Book Value, with a total consideration estimated at R$336 million, following pre-closing capital distributions and extraordinary dividends, estimated to be composed of approximately R$247 million in cash and 1.7 million in new VINP Class A common stock. The final cash/stock mix may vary depending on the preferences of some minority shareholders, who may choose to receive their consideration in cash or VINP Class A common stock.

Upon Closing, AustralRe will continue to be led by CEO Bruno Freire and its current senior management team, with no changes to its underwriting platform, risk management framework or client relationships.

The Transaction is expected to close in the first quarter of 2027, subject to antitrust and regulatory approvals and other customary Closing conditions.

Conference Call Information

Vinci Compass will host a conference call today, on October 21, 2026 at 5:00 pm ET to discuss the Transaction. A detailed presentation of the Transaction will be posted on Vinci Compass' IR website at www.ir.vincicompass.com/news-and-events/presentations/ and on the SEC website at www.sec.gov in advance of the conference call.

To access the conference call, please visit the Events section of the Company's website at www.ir.vincicompass.com/news-and-events/events/. For those unable to listen to the live broadcast, a webcast replay will be available on the same section of the website.

About Vinci Compass

Vinci Compass stands as the premier partner for alternative investments and global solutions in Latin America. With nearly three decades of experience and local operations from eleven offices in Latin America and the U.S., our expertise spans: Private Equity, Credit, Real Estate, Infrastructure, Forestry, Equities, Global Investment Products & Solutions, and Corporate Advisory. Each segment is managed by specialized teams dedicated to investment and advisory excellence. As of June 2026, Vinci Compass had R$361 billion in assets under management and advisory.

About AustralRe

Founded in 2011, AustralRe is a leading independent reinsurance platform in Brazil, with operations across 16 countries in Latin America and offices in Rio de Janeiro, São Paulo and Bogotá. AustralRe underwrites a diversified portfolio across Property & Engineering, Life, P&C, Liability, Marine, Aviation & Cargo, and Surety, and holds ratings of brAAA from S&P (local scale) and A- from AM Best (global scale).

Forward-Looking Statements

This press release contains forward-looking statements that can be identified by the use of words such as "anticipate," "believe," "could," "expect," "should," "plan," "intend," "estimate" and "potential," among others. By their nature, forward-looking statements are necessarily subject to a high degree of uncertainty and involve known and unknown risks, uncertainties, assumptions and other factors because they relate to events and depend on circumstances that will occur in the future whether or not outside of our control. Such factors may cause actual results, performance or developments to differ materially from those expressed or implied by such forward-looking statements and there can be no assurance that such forward-looking statements will prove to be correct. The forward-looking statements included herein speak only as at the date of this press release and we do not undertake any obligation to update these forward-looking statements. Past performance does not guarantee or predict future performance. Moreover, neither we nor our affiliates, officers, employees and agents undertake any obligation to review, update or confirm expectations or estimates or to release any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this press release. Further information on these and other factors that could affect our financial results is included in filings we have made and will make with the U.S. Securities and Exchange Commission from time to time.

USA Media Contact
Prosek Partners
Trevor Gibbons (pro-vincicompass@prosek.com)
+1 (646) 818-9238

Latin America Media Contact
Danthi Comunicações
Carla Azevedo (carla@danthicomunicacoes.com.br)  
+55 (21) 3114-0779

Investor Contact
ShareholderRelations@vincicompass.com
NY: +1 (646) 559-8040
RJ: +55 (21) 2159-6240

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SOURCE VINCI COMPASS

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much will Vinci Compass pay to acquire AustralRe?

Estimated consideration for 100% of AustralRe is R$336 million, priced at 1.0x tangible book value following pre-closing capital distributions and extraordinary dividends. The estimated mix is approximately R$247 million in cash and 1.7 million new VINP Class A shares, with the final mix depending on some minority shareholders' preferences.

When does Vinci Compass expect the AustralRe acquisition to close?

Vinci Compass expects closing in the first quarter of 2027, subject to antitrust and regulatory approvals and other customary closing conditions.

What limits Vinci Compass' use of AustralRe's investable assets?

Use of AustralRe's investable assets is subject to its investment policy, solvency and liquidity requirements, and applicable insurance regulations. Vinci Compass expects the expanding asset base to support new strategies and fundraising within those constraints.