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On the Record · Voya Financial

Voya Financial acquisitions, on the record

The businesses Voya Financial 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

BusinessDealWhenValue
AllianzGI
Word for word“On July 25, 2022, we completed a series of transactions (the "AllianzGI Transaction") pursuant to a Combination Agreement dated as of June 13, 2022 (the "AllianzGI Agreement") with Voya IM, Allianz SE, a stock corporation organized and existing under the laws of the European Union and the Federal Republic of Germany ("Allianz"), AllianzGI, a Delaware limited liability company and an indirect subsidiary of Allianz, and VIM Holdings LLC, a newly formed Delaware limited liability company ("VIM Holdings"), pursuant to which the parties combined Voya IM with assets and teams comprising specified strategies previously managed by AllianzGI.” 10-K for 2023
agreed acquisitionOn July 25, 2022—
Benefitfocus, Inc.
Word for word“On January 24, 2023, we completed the acquisition of Benefitfocus, an industry-leading benefits administration technology company, that serves U.S. employers, health plans and brokers for a total purchase consideration of $595 million.” 10-K for 2023
acquisitionOn January 24, 2023a total purchase consideration of $595 million
VFI SLK Global Services Private Limited (remaining equity interest previously held by SLK Software Private Limited)
Word for word“As part of the purchase consideration, an upfront payment of approximately $53 million was made at closing.” 10-K for 2023
acquisition—an upfront payment of approximately $53 million
full-service retirement plan business of OneAmerica Financial
Word for word“The transaction closed on January 2, 2025.” 10-K for 2024
agreed acquisition——
VFI SLK Global Services Private Limited (Voya India), remaining equity interest previously held by SLK Software Private Limited
Word for word“On August 1, 2023, we acquired all remaining equity interest in VFI SLK Global Services Private Limited previously held by SLK Software Private Limited ("SLK") and renamed the entity as Voya Global Services Private Limited ("Voya India").” 10-K for 2024
acquisitionOn August 1, 2023—
assets and investment teams comprising specified strategies previously managed by AllianzGI
Word for word“On July 25, 2022, we completed a transaction with Allianz SE ("Allianz") and Allianz Global Investors U.S. LLC ("AllianzGI") , pursuant to which we acquired assets and investment teams comprising specified strategies previously managed by AllianzGI.” 10-K for 2024
acquisitionOn July 25, 2022, we completed a transaction—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2021-12-31$0—
2022-12-31$2 million—
2023-12-31$584 million$421 million
2024-12-31$0$0
2025-12-31−$224 million$56 million

Deal filings since 2016

Read from Voya Financial’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 2026-02-20. 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.