M&A - Apollo Global Management, Inc.

Form Type: 425

Filing Date: 2025-02-24

Corporate Action: Acquisition

Type: New

Accession Number: 000119312525033455

Filing Summary: Apollo Global Management, Inc. has entered into a definitive agreement to acquire Bridge Investment Group Holdings Inc. in an all-stock transaction valued at approximately $1.5 billion. The acquisition aims to enhance Apollo's origination capabilities in residential and industrial real estate. With Bridge managing around $50 billion in high-quality assets, the transaction is expected to provide immediate scale and synergy with Apollo's existing real estate strategies. Bridge will operate as a standalone entity under Apollo's management, retaining its brand and leadership team. The deal requires approval from Bridge's shareholders and is anticipated to close in the third quarter of 2025, pending customary conditions including majority approval of Bridge's Class A and B stock. After the transaction, Bridge's shares will be delisted from the NYSE, becoming a privately held company. Apollo and Bridge have engaged various financial and legal advisors for the transaction.

Document Link: View Document