On the Record · Alliancebernstein
Alliancebernstein acquisitions, on the record
The businesses Alliancebernstein bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
SCB Inc., formerly known as Sanford C. Bernstein Inc.Word for word“Bernstein Transaction AB's acquisition of the business and assets of SCB Inc., formerly known as Sanford C. Bernstein Inc., and the related assumption of the liabilities of that business, completed on October 2, 2000.” 10-K for 2023 | acquisition | October 2, 2000 | — |
CarVal Investors L.P.Word for word“On July 1, 2022, AB acquired CarVal Investors L.P. ("CarVal"), which resulted in recording of $303.0 million of finite-lived intangible assets primarily relating to investment management contracts and investor relationships with useful lives ranging from 5 to 10 years ( see Note 24 Acquisitions and Divestitures to our consolidated financial statements in Item 8 ).” 10-K for 2023 | acquisition | July 1, 2022 | — |
Bernstein Research Services (BRS) businessWord for word“As a result, the BRS business has been classified as held for sale on the consolidated statement of financial condition.” 10-K for 2023 | agreed divestiture | — | — |
Autonomous LLCWord for word“During 2023, we recorded an expense of $28.4 million due to a change in estimate related to the contingent consideration associated with the acquisition of Autonomous LLC in 2019.” 10-K for 2023 | acquisition | 2019 | — |
Bernstein Research Services (BRS) business, contributed to joint ventures with SocGenWord for word“The cash used in the divestiture included $304.0 million in cash proceeds received from SocGen offset by $338.2 million in cash contributed from the transferring balance sheet and $6.0 million in direct costs to sell.” 10-K for 2024 | agreed divestiture | — | $304.0 million in cash proceeds received from SocGen |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) |
|---|---|
| 2016-12-31 | $20.5 million |
| 2017-12-31 | $0 |
| 2018-12-31 | $0 |
| 2019-12-31 | −$5.3 million |
| 2020-12-31 | $13.6 million |
| 2021-12-31 | $3.8 million |
| 2022-12-31 | −$40.3 million |
Deal filings since 2016
- 2022-03-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-10-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-12-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-11-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-04-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-10-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-10-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-12-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-12-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Alliancebernstein’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-12. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.