Bridge Investment Group to be Acquired by Apollo for $1.5 Billion

Apollo, a prominent global alternative asset manager, has announced its acquisition of Bridge Investment Group Holdings in an all-stock deal valued at approximately $1.5 billion. The transaction, expected to conclude in the third quarter of 2025, will see Apollo leverage Bridge's $50 billion in assets under management to enhance its capabilities in residential and industrial real estate. This acquisition aligns with Apollo’s strategy to expand its origination base and enhance its real estate equity and credit offerings. Bridge's existing management will continue under the Apollo brand as part of their asset management division, ensuring continuity and growth in line with Apollo's objectives. The transaction is projected to immediately benefit Apollo’s fee-related earnings and bring significant strategic synergies. Various financial and legal advisors are engaged in the deal, including BofA Securities, Citi, and Goldman Sachs for Apollo, and J.P. Morgan for Bridge.