Apollo Completes Acquisition of Bridge Investment Group Holdings Inc.

Apollo has completed its acquisition of Bridge Investment Group Holdings in an all-stock transaction. As a platform company within Apollo's asset management business, Bridge will retain its existing brand, management, and investment teams, and dedicated capital formation team. The acquisition marks an important step for Apollo's real estate business, providing immediate scale in real estate equity and strengthening its ability to originate across secular growth areas of the market.

Apollo (NYSE: APO) has successfully completed its acquisition of Bridge Investment Group Holdings in an all-stock transaction, marking a significant strategic move to enhance its real estate business. The acquisition, announced on September 2, 2025, will see Bridge operate as a platform company within Apollo's asset management business, retaining its existing brand, management, and investment teams [1].

Bridge Investment Group, with over 15 years of experience and approximately $50 billion in assets under management, will continue to leverage its specialized operating expertise in real estate verticals. The acquisition will provide Apollo with immediate scale in real estate equity and strengthen its origination capabilities across growth markets [1].

As part of the deal, Bridge stockholders will receive 0.07081 Apollo shares for each Bridge share, valued at $11.50 per share. This exchange ratio values Bridge at approximately $11.50 per share. The acquisition enhances Apollo's position in the real estate equity market while providing Bridge access to Apollo's extensive resources and distribution channels [1].

The transaction is notable for its hands-off integration approach, allowing Bridge to retain its operational autonomy. Bridge's common stock has ceased trading on the New York Stock Exchange, and former Bridge shareholders now have exposure to Apollo's broader alternative investment platform [1].

Advisors to the transaction include BofA Securities, Citi, Goldman Sachs, Morgan Stanley, JP Morgan, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Sidley Austin LLP, Lazard, and Cravath, Swaine & Moore LLP [1].

References:
[1] https://www.stocktitan.net/news/APO/apollo-completes-acquisition-of-bridge-investment-frdxwzvbzauh.html