On the Record · Franklin Templeton
Franklin Templeton acquisitions, on the record
The businesses Franklin Templeton 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 |
|---|---|---|---|
Putnam InvestmentsWord for word“In May 2023, we entered into a definitive agreement to acquire Putnam Investments from Great-West Lifeco., Inc. (“Great-West”), a member of the Power Corporation group of companies.” 10-K for 2023 | agreed acquisition | In May 2023 | — |
BNY Alcentra Group Holdings, Inc. (Alcentra)Word for word“On November 1, 2022, we acquired all of the outstanding ownership interests in BNY Alcentra Group Holdings, Inc. from The Bank of New York Mellon Corporation.” 10-K for 2023 | acquisition | On November 1, 2022 | — |
Lexington Partners L.P. (Lexington)Word for word“On April 1, 2022, we acquired all of the outstanding ownership interests in Lexington for cash consideration of approximately $1.0 billion and additional payments of $750.0 million to be paid in cash over the next three years.” 10-K for 2023 | acquisition | On April 1, 2022 | cash consideration of approximately $1.0 billion and additional payments of $750.0 million to be paid in cash over the next three years |
AlcentraWord for word“On November 1, 2023, we paid $60.8 million in deferred cash consideration related to our acquisition of Alcentra from existing cash.” 10-K for 2024 | acquisition | On November 1, 2023, we paid $60.8 million in deferred cash consideration | $60.8 million in deferred cash consideration |
LexingtonWord for word“On April 1, 2024, we paid $400.0 million in deferred cash consideration related to our acquisition of Lexington from existing cash.” 10-K for 2024 | acquisition | On April 1, 2024, we paid $400.0 million in deferred cash consideration | $400.0 million in deferred cash consideration |
Apera Asset ManagementWord for word“On October 1, 2025, we completed the acquisition of Apera Asset Management for cash consideration of €65.2 million net of closing adjustments funded from existing cash.” 10-K for 2025 | acquisition | On October 1, 2025 | €65.2 million |
PutnamWord for word“Investment management fees increased $159.6 million in fiscal year 2025 primarily due to one additional quarter of revenue earned by Putnam, which was acquired on January 1, 2024, an increase in average equity AUM, and an increase in performance fees, partially offset by the impact of WAM outflows and catch-up fees recognized in the prior year at the closing of fundraising rounds in a secondary private equity fund.” 10-K for 2025 | acquisition | January 1, 2024 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-09-30 | $0 | $0 |
| 2017-09-30 | $14 million | $18.8 million |
| 2018-09-30 | $86.8 million | $117.4 million |
| 2019-09-30 | $493.5 million | $345.7 million |
| 2020-09-30 | $3.82 billion | $2.39 billion |
| 2021-09-30 | $9 million | $0 |
| 2022-09-30 | $1.35 billion | $1.37 billion |
| 2023-09-30 | $500.5 million | $152.6 million |
| 2024-09-30 | −$175.1 million | $189.8 million |
| 2025-09-30 | $0 | $0 |
Deal filings since 2016
- 2026-07-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-12-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-07-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-09-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-01-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-08-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-10-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-07-31 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2020-02-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Franklin Templeton’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 2025-11-10. 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.