[146] On June 26, 2019, Cox announced that its 60 radio stations, as well as its national advertising business CoxReps, and local OTT advertising agency Gamut, would also be acquired by the new company, which concurrently announced that it would retain the Cox Media Group name instead of Terrier Media. Apollo Global Management CEO Marc Rowan joins Yahoo Finance Live's Brian Sozzi at the Milken Institute Global Conference 2023 in Beverly Hills, CA, to discuss global dealmaking in 2023, JPMorgan's acquisition of First Republic Bank, and the outlook for regional banking. The timing of this separation also coincided with Apollo's legal difficulties with the State of California over its purchase of Executive Life Insurance Company in 1991. At Dataromas, we let you explore the latest portfolios of super investors, their net worth, and much more from all around the globe. This list of organizations invested in by Apollo provides data on their funding history, investment activities, and acquisition trends. [137][138], In March 2018, Apollo acquired Mexican-style restaurant chain Qdoba from Jack in the Box. Balancing my desire for a collaborative culture with managing individuals who espouse an opposite result no matter the topic has been a challenge. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Apollo strives to create a new dimension of diversification and a strong level of aligned investing, with a track record of identifying attractive opportunities for individual investors through access to alternatives. Our Standards: The Thomson Reuters Trust Principles. . Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. [58], In October 2006, Apollo announced a $990 million leveraged buyout of Jacuzzi Brands, a manufacturer of whirlpool baths. Verizon sells media businesses including Yahoo and AOL to Apollo - CNBC First Republic's failure 'totally predictable' says Apollo CEO Rowan List of Apollo's 89 Acquisitions, including Sector Financial And Yahoo Inc. is an American multinational Technology Company. [57] Apollo raised an additional $500 million via private placements in the weeks following that sale. Apollo launches $4 billion fund in clean energy push | Reuters notable investors of these companies, their management team, and recent news are also included. [7][8] AAA's investment portfolio was made up of a mix of private-equity and capital-markets investments. [46], In 2005, Apollo formed Hexion Specialty Chemicals through the merger of Borden, Inc., Resolution Performance Products LLC, and Resolution Specialty Materials, LLC, and the acquisition of Bakelite AG. Learn more in the Weekly Brief. [32] Among the investments made in Fund IV (invested through 2001) were: Allied Waste Industries,[33] AMC Entertainment,[34] Berlitz International,[35] Clark Retail Enterprises,[36] Corporate Express (Buhrmann), Encompass Services Corporation, National Financial Partners,[37] Pacer International,[38] Rent-A-Center, Resolution Performance Products, Resolution Specialty Materials, Sirius Satellite Radio,[39] SkyTerra Communications, United Rentals, and Wyndham Worldwide.[40]. Insights about top trending companies, startups, investments and M&A activities, Apollo Global Management, Inc. is an American global private equity firm. Apollo Global Management Inc. and BlackRock Inc. were lined up to back PNC Financial Services Group Inc.'s ultimately unsuccessful pursuit of troubled First Republic Bank, according to people . The industry leader for online information for tax, accounting and finance professionals. Smart Media. See here for a complete list of exchanges and delays. | Apollo is a high-growth, global alternative asset manager. What we do Apollo Group Apollo gives customized financing solutions to private middle companies. Several private equity firms have been raising billions of dollars to expand their footprint in the clean energy space, amid calls for more companies to transition away from fossil fuels. Learn how Apollo is helping to drive a more sustainable future by supporting the growth of FlexGen. Bain Capital is considering a competing offer to Silver Lake's $2.4 billion acquisition deal for Germany's Software AG, Bloomberg reported. [86][87] In 2009, the company was sued by a noteholder claiming mismanagement. Apollo, BlackRock Backed PNC's Failed Bid for First Republic ", "Apollo's first-quarter earnings surge on strong fee revenue", "Apollo Raises $1.8 Billion in Push for Big Corporate Loans", "Michaels will be acquired by a private equity firm in a $5 billion deal", "Apollo Announces Completion of the Tender Offer for Shares of The Michaels Companies", "IGT sells Italian gaming businesses to Gamenet for 950 mln euros", "International Game Technology PLC Announces Agreement To Sell Italian B2C Gaming Business For 950 Million In Cash", "Apollo Funds Complete Acquisition of EmployBridge", "A Tax Credit Was Meant to Help Marginalized Workers Get Permanent Jobs. Apollo Head of Europe & Head of European Private Equity Robert Seminara explains how the company is . [98], On March 29, 2011, Apollo became a public company via an IPO. Although the founders of Ares had completed a corporate spin-off with the formation of the firm in 1997, they had initially maintained a close relationship with Apollo and operated as the West Coast affiliate of Apollo. [82][83], In April 2008, Apollo filed a Form S-1 with the U.S. Securities and Exchange Commission in preparation for an IPO on the New York Stock Exchange. [120] It was sold to Hilton Worldwide in August 2021. Announces Completion Of Merger", "Harrah's Is Said to Be in Talks to Accept $16.7 Billion Buyout", "Apollo finalizes its $1B investment deal for NCL", "Apollo and Star cash out of Norwegian Cruise Line", "Apollo Management LP Acquires Regent Seven Seas Cruises", "Citi Is Said to Be Near Deal to Sell $12.5 Billion of Loans", "Apollo, GSO Debt Funds Have Faced Margin Call Issues", "Forget slowdown, PEs still heading to India", "Apollo Struggles to Keep Debt From Sinking Linens 'n Things", "Linens 'N Things Noteholder Sues Over Losses", "PIK and Roll: Companies Seize On Perks of Loose Lending", "Fourth Apollo Company Flips Its PIK Toggle", "Apollo First-Quarter Profit Rises 76% as Holdings Gain", "Apollo Closes Buyout Fund Near $15 Billion Target", "Liberty Global pays $3 billion cash for Unitymedia", "Apollo to Buy Amusement Park Operator Cedar Fair", "Cedar Fair and Affiliates of Apollo Global Management Mutually Terminate Merger Agreement", "RIO TINTO DIVESTS 61PC INTEREST IN ALCAN ENGINEERED PRODS", "Apollo's upsized IPO raises $565.4 million", "CNBC NEWS RELEASES BREAKING NEWS FROM CNBC'S KATE KELLY: APOLLO PRICING IPO AT $19/SHARE", "Affiliate of Apollo Global Management Completes Acquisition of CKX, Inc", "Private Equity Firms Duel Over Water Park Operator", "Apollo to Acquire Water Park Operator for $703 Million", "Apollo Global Management Announces Successful Completion of Its Acquisition of Great Wolf Resorts", "McGraw-Hill to Sell Education Unit to Apollo for $2.5 Billion", "Pitney Bowes Management Services Becomes Novitex Enterprise Solutions", "Affiliates of Apollo and HGM Agree to Combine Novitex and SourceHOV with Quinpario Acquisition Corp. 2 to Form Exela Technologies, a Public Company in a Transaction Valued at $2.8 Billion", "Leon Black's Apollo Global new owner of Twinkies, other Hostess snack brands", "Equity firm Apollo buys $419.4m (307m) of Irish home loans from Lloyds", "A Private Equity Firm Just Bought Chuck E. Cheese For $950 Million", "21st Century Fox and Apollo Seal Deal to Merge Shine, Endemol and Core", "Exclusive: Centerbridge in $1.35 billion deal for Great Wolf Resorts: sources", "New owner pledges to grow Great Wolf Lodge chain", "OM Group to be taken private by Apollo Global in $1.03 billion deal", "Apollo wins auction for St-Gobain's Verallia", "ADT in $6.9 Billion Deal to Sell Itself to Apollo Buyout Firm", "Apollo Global to Buy Diamond Resorts for $2.2 Billion", "Hilton Grand Vacations Completes Acquisition of Diamond Resorts", "Rackspace to Go Private in $4.3 Billion Deal", "Rackspace Completes Previously Announced Transaction with Affiliates of Funds Affiliated with Apollo Global Management to Become a Private Company", "U.S. defense spending bonanza puts niche acquisitions in play", "Former Blackwater guards sentenced for massacre of unarmed Iraqi civilians", "Blackwater's Descendants Are Doing Just Fine", "Apollo pauses plans to sell security firm Constellis: sources", "Apollo Education to be taken private in $1.1 billion deal", "Investor Consortium Completes Acquisition of Apollo Education Group", "Apollo Doubles Its Money in $1 Billion Bet on Tarnished Colleges", "Apollo Education starts new chapter as private firm", "Philips completes sale of 80.1% interest in Lumileds to funds managed by affiliates of Apollo Global Management", "Philips to Sell Lumileds to Apollo at Discounted $2 Billion", "Apollo Global to buy West Corp for about $2 billion", "West Corporation and Affiliates of Certain Funds Managed by Affiliates of Apollo Global Management Announce the Closing of the Previously Announced Transaction", "Kushner's Family Business Received Loans After White House Meetings", "Kushner's family business got hefty loans from Apollo, Citigroup last year, report says", "Jack in the Box Inc. Completes Sale of Qdoba Restaurant Corporation", "Investor Group Led by Funds Affiliated with Apollo Global Management and Vrde Partners Announce the Closing of the Previously Announced Transaction to Acquire a Significant Position in OneMain Holdings", "Funds Managed by Apollo Global Management to Acquire Approximately $1 Billion Portfolio of Equity Investments from GE Capital's Energy Financial Services", "GE Offloads Portfolio of Energy Investments to Apollo Global", "Apollo is said to be nearing deal for group of Nexstar stations", "Apollo Global Management Acquires Cox's Television Stations Plus Radio & Newspapers In Dayton", "Cox TV Valued At $3.1 Billion In Apollo Acquisition", "It's Official: Cox Radio, Gamut, CoxReps Going To Apollo", "Cox Enterprises buys back Ohio newspapers; 7-day publication continues", "Apollo Global Management Completes Acquisition of Aspen Insurance", "Buyout firm Apollo to buy Smart & Final Stores for $1.1 billion", "Shutterfly strikes take-private deal with Apollo Global, valuing company at $2.7 billion", "Apollo Takes on Wall Street With Massive Newspaper Loan Deal", "Apollo PE takes majority stake in Gamenet Italia", "Apollo Global Management buys 48.67% stake in Italy's Gamenet", "Tech Data acquired in $5.4 billion deal", "Warren Buffett Failed to Spend His $128 Billion Cash Pile in Unusual Bid", "Cox Enterprises Announces Close of Cox Media Group Sale to Affiliates of Apollo Global Management", "Cox Enterprises to Sell Majority Stake in TV Stations to Apollo", "It's Official: Cox Radio, Gamut, CoxReps Going to Apollo", "It's Official: Cox, Apollo Agree to Private Company", "Funds Managed by Affiliates of Apollo Global Management to Acquire Covis Pharma From Cerberus", "Apollo to invest $300m in Irish-domiciled Cimpress", "Apollo Global invests $1.75 billion in U.S. supermarket operator Albertsons", "Albertsons Companies announces $1.75 billion preferred equity investment led by Apollo Global Management", "Apollo Launches Platform to Make Big Loans", "France's Banijay to acquire rival Endemol Shine Group, producer of 'Black Mirror', "Sophie Turner Laing To Leave Endemol Shine Group As Banijay Group Completes $2.2BN Takeover", "UAE oil giant ADNOC signs $5.5 billion real estate deal with Apollo-led consortium", "LendingPoint Closes Up to $110 Million Mezzanine Facility with Midcap Financial Trust and Apollo Investment Corporation", "Hedge fund boss quits over Epstein ties", "Why did Leon Black pay $158m to Jeffrey Epstein?