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TickerAB
SectorAsset Management
Mkt cap$4.3B
EV / EBITDA17.1×
PostureHigh Velocity
Composite70/100
LensTarget-side
SE-Cluster Research·Issuer Brief·Q2 2026CIK 825313

Alliancebernstein Holding L.p.

ABHIGH VELOCITYFILING INTENSITY

Alliancebernstein Holding L.p. reads as High Velocity (composite 70/100); pressure / disclosure signals dominate the posture this cycle · primary market Financial Infrastructure.

Lens

Disclosed M&A capital (2023–2025)

N/A

−99%

vs N/A in 2020–2022

Disclosed transactions

N/A

−99%

0/3 active fiscal years in window

Buyer archetype

Consistent Strategic Buyer

Meaningful spend appears across repeat years.

Composite score

70

/100

High Velocity dominates · Filing Intensity

Financial snapshot
Revenue$342M
EBITDA$252M
Enterprise value$4.3B
EV / Revenue12.6×
EV / EBITDA17.1×
P/EN/A
CashN/A
Total debtN/A
as of 2026-05-10
§ I·SE-Cluster Issuer Brief

Behavioral posture, nine reads.

Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.

Active Acquirer

28/100

Companies actively deploying disclosed capital into M&A

  • $999M disclosed buyer spend

Buyer Cadence

17/100

Buyer-side companies with recent filing activity

  • Filed within 39d
  • 578 8-Ks

Target Probability

20/100

Issuers showing target-side patterns from filings

  • 40 activism filings

Spin/Carve

0/100

Issuers showing spin-off, carve-out, or sum-of-parts posture

  • 40 activism filings

Pressure Watch

49/100

Issuers facing activism, governance, or control pressure

  • 40 activism filings
  • Latest activism 1.2y ago

Distress Watch

18/100

Issuers showing financial-distress filing patterns

  • 40 activism filings

Restatement Risk

0/100

Issuers with accounting-integrity flags from filings

  • 1 auditor change
  • 1 NT late filing
  • Latest event 20y ago; heavily discounted

Capital Velocity

Dominant
70/100

Issuers with the highest filing-activity intensity

  • 578 8-Ks
  • 5 form types

Quiet Power

0/100

Large issuers with low signal volume and clean disclosure cadence

  • Enterprise value $4.3B
  • 10-Q 39d ago
  • 3 active signals
§ II·SE-Cluster Issuer Brief

Capital cadence.

Ten-year disclosed M&A activity. Bars show spend ($MM); ticks show recorded transaction count. Disclosure tier annotated where v6 audited corpus carries an entry.

16
17
18
19
20
21
22
23
24
25

Disclosed spend $MM Disclosed transactions (right axis)Peak spend year: $818M · Peak count: 1

FYDisclosed buysDisclosed spendAvg ticketAudited tier
2025N/AN/AN/AN/A
2024N/AN/AN/AN/A
2023N/AN/AN/AN/A
20221$818M$818MN/A
2021N/AN/AN/AN/A
2020N/AN/AN/AN/A
§ III·SE-Cluster Issuer Brief

Strategy posture.

The buyer's playbook in terms of strategic archetype: what each disclosed move says about how they're deploying capital.

Archetype mix

  • Talent Acquisition
    100%

Strategy keywords

Terms recurring across recent 10-K acquisition disclosures.

  • talent_acquisition
  • geographic_expansion
§ IV·SE-Cluster Issuer Brief

Filing language.

Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.

We continue to enhance the firm’s recruiting efforts to include talent with a nontraditional path to financial services has been a focus area this year.

10-KFY2025

We engage external organizations, including search firms and partnerships to assist in attracting and recruiting top talent at all levels.

10-KFY2024

Our talent acquisition strategy helps us serve both our clients and our workforce, hand in hand, at an optimal level.

10-KFY2025

As part of our business strategy, we consider potential strategic transactions, including acquisitions (such as our purchase of CarVal Investors in 2022), dispositions, mergers, consolidations, joint venture partnerships (such as our planned joint venture partnership with SocGen) and similar transactions, some of which may be material.

10-KFY2023
§ V·SE-Cluster Issuer Brief

Market context.

Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.

Primary market

Financial Infrastructure

Market spend (2023–2025)
$186.1B
Market spend (2020–2022)
$98.1B
Recent vs prior
+90%
Issuer rank in market
N/A
Share of market capital
0.0%

Valuation positioning

17.1×EV / EBITDA

AB trades at a +0.9-turn premium to the Financial Infrastructure peer median of 16.2×.

EV / Revenue
12.6×
Net debt / EBITDA
N/A
Peer median EV / EBITDA
16.2×

Trading comparables

FMP market data · 2026-05-10

CompanyEV / EBITDAEV / RevNet debt / EBITDARevenueM&A 2023–2025
22.0×14.5×-0.4×$43B$1.8B
21.4×10.8×1.4×$7.9B$451M
Alliancebernstein Holding L.p.AB
17.1×12.6×N/A$342MN/A
16.2×8.2×3.2×$13.1B$10.3B
10.9×3.9×5.4×$8.8B$5.1B
2.3×2.7×-1.1×$187B$81.8B

Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in Financial Infrastructure. Bars scaled to the highest EV/EBITDA in the set.

§ VI·SE-Cluster Issuer Brief

Buyer landscape.

Public buyers whose stated archetypes, target categories, and recent cadence align with this issuer as a plausible acquisition target. Scores cross EDGAR signal and disclosure overlap.

Likely buyers

No public buyers surface as a strong target-side fit on current signal.

Likely sellers / divestiture partners

No reciprocal divestiture / strategic-alternatives matches identified.

§ VII·SE-Cluster Issuer Brief

Filing activity & signal stream.

Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.

Filing cadence

  • 10-K (annual)342026-02-12
  • 10-Q (quarterly)1002026-05-01
  • 8-K (event)5782026-04-28
  • Proxy / DEF 14A72017-08-31
  • Activism (13D / DFAN / PREC)402025-04-03

Signals on file

  • elevated

    Auditor change

    2006-03-13

    1 Item 4.01 filing on file; certifying accountant change.

  • watch

    Late-filing notice

    2003-11-17

    1 NT 10-K/10-Q filing on file.

  • elevated

    Activism on file

    2025-04-03

    40 activist filings on file (13D, DFAN14A, PREC14A series).

  • info

    Signal

    Serial acquisition history

  • info

    Signal

    10-K strategy themes

  • info

    Signal

    Restatement risk

§ VIII·SE-Cluster Issuer Brief

Audited corpus.

No audited record on file for this CIK in the current v6 corpus.

This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.