Argo's Infrastructure Expertise to Enhance Apollo's Growth
Deal News | Jan 14, 2025 | Fenchurch Advisory Partners
Apollo, a global alternative investment manager listed on the NYSE as APO, has announced its strategic acquisition of Argo Infrastructure Partners. Argo is a prominent mid-market asset management firm focusing on essential infrastructure assets throughout North America. This acquisition is structured as a stock and cash deal, expected to bring approximately $6 billion in high-quality assets under Apollo's management. The transaction reinforces Apollo's infrastructure capabilities, aligning with its long-term growth strategy by incorporating a skilled team of over 20 professionals adept in core and core plus infrastructure equity. The deal signifies a deepening of Apollo's asset origination and management capacities in sectors experiencing rapid growth and is strategically aligned with Apollo's overall growth targets.
Sectors
- Infrastructure Investment
- Private Equity
Geography
- North America – Argo Infrastructure Partners targets infrastructure assets primarily in North America, a key geography for this transaction.
Industry
- Infrastructure Investment – This industry involves investment in essential infrastructure assets, which Argo focuses on and Apollo is expanding into through this acquisition.
- Private Equity – Apollo operates as a private equity firm, and its acquisition of Argo further expands its infrastructure investment capabilities within this sector.
Financials
- $6 billion – The value of high-quality assets that will be added to Apollo's infrastructure platform through the acquisition of Argo.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Apollo | Acquiring Company | Company | A global alternative investment firm focused on private equity, credit, and real asset investments. |
| Argo Infrastructure Partners | Target Company | Company | A leading mid-market asset manager focused on essential infrastructure assets throughout North America. |
| Fenchurch Advisory Partners | Financial Adviser | Company | Advising Argo Infrastructure Partners in this transaction. |