Apollo Global Mgmt Inc Stock Price, News & Analysis

Apollo (NYSE: APO) has announced that its managed funds will acquire a majority stake in Kelvion, a German-based global provider of energy efficient heat exchange and cooling solutions, from Triton. The latter will retain a minority interest in the company.

Kelvion specializes in advanced cooling technologies for data centers, which represents its largest and fastest-growing segment. The company also provides thermal management solutions for energy transition markets, including carbon capture, hydrogen, electrification, renewables, and heat pumps. Under Triton's ownership since 2014, Kelvion has undergone significant transformation, focusing on High Tech and Green Tech sectors.

The transaction is expected to close between Q4 2025 and Q1 2026, subject to regulatory approvals. Apollo's funds have committed approximately $58 billion to climate and energy transition-related investments over the past five years.

Apollo (NYSE: APO) has announced that its managed funds will acquire Trace3, a leading enterprise and commercial technology solutions provider, from American Securities. The acquisition targets a company specializing in artificial intelligence, cloud, security, data analytics, and IT infrastructure services.

Founded in 2002, Trace3 serves numerous Fortune 500 clients and is positioned to capitalize on increasing demand for next-generation IT infrastructure and AI adoption. American Securities will maintain a significant minority stake in the company. While financial terms weren't disclosed, the deal aims to accelerate Trace3's growth through strategic M&A and expansion of high-value service offerings.

Apollo Global Management (NYSE:APO) has priced an offering of $500 million in Senior Notes due 2035. The notes will bear interest at 5.150% per annum, payable semi-annually starting February 12, 2026. The offering is expected to close on August 12, 2025.

The net proceeds of approximately $495.5 million will be used for general corporate purposes, including the repayment of Bridge Investment Group Holdings LLC's outstanding senior secured notes following Apollo's previously announced acquisition of Bridge Investment Group Holdings Inc.

The offering is being managed by several financial institutions, with Citigroup Global Markets, BofA Securities, Barclays Capital, and Goldman Sachs serving as joint book-running managers.

Apollo (NYSE: APO) has announced that its managed funds will acquire a majority stake in Stream Data Centers (SDC), a hyperscale data center developer and operator. SDC's management will retain a minority stake and continue leading the business.

The transaction positions SDC to execute on its 4+ gigawatt development pipeline, with Apollo potentially deploying billions into digital infrastructure. As part of the deal, Apollo Funds and Stream Realty Partners will commit new capital to SDC's land fund to accelerate development of 650 MW of near-term power capacity across Chicago, Atlanta, and Dallas campuses.

The acquisition aligns with Apollo's strategic focus on next-generation infrastructure investments, having deployed $38 billion in this sector since 2022. The transaction is expected to close in 2025.

Apollo Global Management (NYSE:APO) has released its Q2 2025 financial results, highlighting strong performance marked by record quarterly organic inflows and Fee Related Earnings. The company has declared a cash dividend of $0.51 per share of Common Stock, payable on August 29, 2025, and a $0.8438 per share dividend for Mandatory Convertible Preferred Stock, payable on October 31, 2025.

CEO Marc Rowan emphasized the company's focus on long-term growth themes including retirement, wealth, industrial renaissance, and public-private convergence. The company demonstrated strong origination capabilities in what was described as a dynamic environment.

GeoWealth has secured a $38 million Series C funding round led by Apollo (NYSE: APO), establishing a strategic partnership to enhance private market fund integration into model portfolios for RIAs. The funding includes previously announced investments from BlackRock, J.P. Morgan Asset Management, and Kayne Anderson Capital Advisors.

The partnership combines GeoWealth's unified managed account (UMA) technology with Apollo's private markets expertise to create more efficient multi-asset portfolios. GeoWealth plans to use the capital to expand its public-private model capabilities, invest in product development, and strengthen its technology foundation. The company has also completed the acquisition of TAMP assets from Freedom Advisors.

Brightstar Lottery PLC (NYSE:APO) reported Q2 2025 results with mixed performance. The company achieved 2.6% global same-store sales growth in instant ticket and draw games, but recorded a loss from continuing operations of $60 million, impacted by $99 million in foreign currency translation losses and a $21 million restructuring charge.

Key highlights include $274 million in Adjusted EBITDA, completion of Gaming & Digital business sale for $4 billion, securing the Italy Lotto license through 2034, and maintaining strong liquidity of $2.9 billion. The company announced a $250 million accelerated share repurchase program and reaffirmed its FY'25 Adjusted EBITDA outlook of approximately $1.10 billion.

CX360 (NYSE:APO) welcomes the FCC's decision to mandate SMS georouting capabilities for the 988 Suicide & Crisis Lifeline. The company, through its Mosaicx division under WestCX, provides intelligent routing technology that supports both georouting and call routing for the crisis lifeline.

The new FCC regulation builds on their October decision for voice services, ensuring that help seekers receive localized care through text messaging while maintaining the 988 Lifeline's centralized routing system. The technology enables specialized crisis care and resources for diverse communities, including veterans and Spanish speakers.

Concord, partnering with Apollo (NYSE:APO), has successfully closed a $1.765 billion asset-backed securitization (ABS) transaction. The deal features the industry's first 10-year tranche and includes five-year and seven-year senior notes, secured by Concord's catalog of over 1.3 million music copyrights valued at more than $5.1 billion.

The transaction, which was more than three times oversubscribed, will refinance the company's $1.65 billion 2022-1 note series and $100 million variable funding note. The notes received strong ratings of A+ from KBRA and A2 from Moody's. This represents Concord's fourth securitization offering and stands as the largest and longest-tenured asset-backed term securitization of music rights to date.