quitting (2)
498 Views

CEO quits Apollo-backed Express Energy

Darron Anderson, the chief executive officer of oilfield services company Express Energy Services, which was acquired by Apollo Global Management last year, has resigned, a source said.

250 Views

Apollo to double real estate AUM with AR Global investment

Apollo Global Management will double its real estate assets under management to about $27 billion by taking a majority interest in a new company, AR Global Investments, LLC. The new company will own a majority of the asset management business of AR Capital, an asset manager focused on retail investors. Apollo also will acquire RCS Capital’s wholesale distribution business, which will become part of AR Global. The firm also has entered into a strategic relationship with RCS Capital’s retail advice business Cetera Financial Group.

140 Views

GTCR exits Protection 1

GTCR has closed the sale of Protection 1 to Apollo Global Management. Protection 1 provides security alarm monitoring in the United States. Morgan Stanley & Co. LLC and Raymond James served as financial advisors to GTCR/Protection 1.

188 Views

Apollo closes $200 mln investment in CH2M

Apollo Global Management LLC has closed its $200 million investment in CH2M. The deal was announced in May. The agreement calls for Apollo to invest another $100 million in a year. Based in Englewood, Colorado, CH2M is a provider of critical infrastructure and natural resource solutions.

142 Views

Centerbridge closes Great Wolf Resorts buy

Centerbridge Partners LP said Tuesday they have completed their acquisition of Great Wolf Resorts Inc. The seller was Apollo Global Management. The deal was reportedly valued at $1.35 billion. Great Wolf is a U.S. operator of indoor water parks. Deutsche Bank Securities Inc. and Goldman, Sachs & Co advised Great Wolf. Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Macquarie Capital (USA) Inc., and Nomura Securities International Inc. provided financial advice to Centerbridge.

searchlight
1387 Views

Searchlight gets ready to launch Fund II

Searchlight Capital Partners, which started life with much fanfare in 2010, has been talking to potential limited partners about targeting up to $1.5 billion for its second fund, according to three people with knowledge of the firm.

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