Apollo Global Management to Acquire Argo Infrastructure Partners

Apollo Global Management, Inc. (NYSE:APO) has entered into an agreement to acquire Argo Infrastructure Partners LP on January 13, 2025. The consideration will be paid by Apollo Global Management, Inc. (NYSE:APO) in stock and cash. Upon closing, Argo will join Apollo?s Sustainability & Infrastructure group, which includes strategies across the risk-return spectrum from private credit and value add infrastructure equity to infrastructure private equity. The transaction is subject to customary closing conditions, including the receipt of regulatory approvals, and is expected to be completed in the second quarter of 2025.

Apollo Global Management, Inc. has announced its acquisition of Argo Infrastructure Partners LP, a move that is expected to bolster its sustainability and infrastructure portfolio. The deal, which includes a mix of stock and cash, is anticipated to close in the second quarter of 2025, pending regulatory approvals. This strategic acquisition aligns with Apollo's broader goals of expanding its infrastructure investments and enhancing its sustainability initiatives. The addition of Argo to Apollo's Sustainability & Infrastructure group is seen as a significant step in diversifying its investment strategies, covering a wide range of risk-return profiles from private credit to infrastructure private equity.