Latham & Watkins Advises Bridge Investment Group in Completed US$1.5 Billion Asset Management Acquisition by Apollo
Apollo (NYSE: APO) and Bridge Investment Group Holdings Inc. (Bridge) announced that Apollo has completed the previously announced acquisition of Bridge in an all-stock transaction valued at approximately US$1.5 billion. 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. As a result of the completion of the acquisition, Bridge’s common stock has ceased trading on the New York Stock Exchange.
Latham & Watkins LLP represented Bridge Investment Group in the transaction with a corporate deal team led by partners Craig Garner, Kevin Reyes, Owen Alexander, and Jason Morelli, and counsel Jenn Wong, with associates Eric Giray, Madeleine West, and Madeline Hodges, and an investment funds team led by partners Nadia Sager and David Moore, with associates Shreya Patel and Natasha Kalaouze.