Apollo Global Management

Bird Announces Upsizing of Vehicle Financing Credit Facility with Apollo to $150 Million

Thursday, October 14, 2021 - 2:00pm

Yibo Ling, Chief Financial Officer at Bird, commented, "We are pleased to have delivered against our stated objective to expand our vehicle financing capabilities through the upsizing of our credit facility.

Key Points: 
  • Yibo Ling, Chief Financial Officer at Bird, commented, "We are pleased to have delivered against our stated objective to expand our vehicle financing capabilities through the upsizing of our credit facility.
  • This commitment from Apollo reflects further confidence in the strong cash generating capabilities of our electric vehicle fleet enabled by our multi-year track record of over 100 million rides.
  • With the increased liquidity provided by the upsized facility, we believe we are well positioned to support our expansion plans."
  • Apollo Managing Director, Aaron Kless said, "We are pleased to support Bird through the upsizing of the credit facility, helping the Company to enhance its vehicle financing capabilities and execute on its strategy.

Notified Introduces Coverage Books Within Its PR Platform

Thursday, October 14, 2021 - 2:00pm

Coverage books help public relations (PR) professionals showcase earned media coverage in customizable, branded digital PR measurement reports.

Key Points: 
  • Coverage books help public relations (PR) professionals showcase earned media coverage in customizable, branded digital PR measurement reports.
  • Because they are fully integrated within the Notified PR platform , coverage books eliminate the need for time-consuming design and manual steps in compiling coverage from disparate sources.
  • With direct platform integration of coverage books, customers can easily highlight earned media coverage and topline metrics.
  • With coverage books capability built into the Notified PR platform, were making it easier to create beautiful, functional coverage reports that are presentation ready with branded design and integrated metrics.

Riverbed Announces Restructuring Support Agreement with Its Lenders and Equity Sponsors, Strengthens Financial Position Through New Capital and Reduces Debt by Over $1 Billion

Wednesday, October 13, 2021 - 2:15pm

Following the implementation of the RSA, we look forward to moving ahead as a financially stronger company.

Key Points: 
  • Following the implementation of the RSA, we look forward to moving ahead as a financially stronger company.
  • We thank our customers and partners for their continued support, and our employees for their commitment to Riverbed.
  • Through this transaction, Riverbed will be well positioned to invest in core technologies and execute on their strategy for profitable growth.
  • These risks and uncertainties may cause actual future results to be materially different than those expressed in such forward-looking statements.

Apollo Names William M. Lewis, Jr. Senior Partner

Tuesday, October 12, 2021 - 1:00pm

NEW YORK, Oct. 12, 2021 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, Apollo or the Firm) today announced William M. (Bill) Lewis, Jr. will join the Firm as a Senior Partner and a member of Apollos Management Committee.

Key Points: 
  • NEW YORK, Oct. 12, 2021 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, Apollo or the Firm) today announced William M. (Bill) Lewis, Jr. will join the Firm as a Senior Partner and a member of Apollos Management Committee.
  • Apollo CEO Marc Rowan said, Bill is one of the industrys most seasoned leaders and we are thrilled to welcome him to Apollo during a momentous time for our Firm.
  • Apollo Co-Presidents Scott Kleinman and Jim Zelter added, We are excited that a leader as deeply experienced and widely respected as Bill is joining the team.
  • Kenneth M. Jacobs, Chairman and CEO of Lazard said, We wish Bill much success in his new role at Apollo.

William M. Lewis, Jr. to Join Lazard Board of Directors

Tuesday, October 12, 2021 - 1:00pm

Lazard Ltd (NYSE: LAZ) announced today that William M. (Bill) Lewis, Jr. will join its Board of Directors, effective April 29, 2022, and that he has decided to retire from the firm, effective November 12.

Key Points: 
  • Lazard Ltd (NYSE: LAZ) announced today that William M. (Bill) Lewis, Jr. will join its Board of Directors, effective April 29, 2022, and that he has decided to retire from the firm, effective November 12.
  • Mr. Lewis has been with Lazard as a Managing Director for 17 years, and most recently was Chairman of Investment Banking.
  • As of November 15, he plans to join Apollo Global Management as a Senior Partner and member of its Management Committee.
  • He has been our valued partner at Lazard, and we are looking forward to continuing to benefit from his sage advice and stewardship as a member of our Board of Directors.

Allego Announces Filing of Registration Statement on Form F-4 in Connection with its Proposed Business Combination with Apollo-Affiliated Spartan Acquisition Corp. III

Wednesday, October 6, 2021 - 9:05pm

The Registration Statement contains a preliminary proxy statement/prospectus in connection with the previously announced proposed business combination.

Key Points: 
  • The Registration Statement contains a preliminary proxy statement/prospectus in connection with the previously announced proposed business combination.
  • While the Registration Statement has not yet become effective and the information therein is subject to change, it provides important information about Allego and Spartan, as well as the proposed business combination.
  • The Companys charging solutions business provides design, installation, operations and maintenance of chargers owned by third parties.
  • In connection with the proposed business combination, a registration statement on Form F-4 was filed by Athena Pubco with the SEC on September 30, 2021.

Takkion Acquires Airway Services

Tuesday, October 5, 2021 - 8:44pm

DALLAS, Oct. 5, 2021 /PRNewswire/ --Takkion TP&L Holdings LLC ("Takkion" or the "Company"), a portfolio company of funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, "Apollo") today announced that it has acquired San Angelo, TX-based Airway Services, LLC ("Airway Services", or "Airway"), from family office-backed private investment firms Northaven Capital Partners and Concentric Equity Partners.

Key Points: 
  • DALLAS, Oct. 5, 2021 /PRNewswire/ --Takkion TP&L Holdings LLC ("Takkion" or the "Company"), a portfolio company of funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, "Apollo") today announced that it has acquired San Angelo, TX-based Airway Services, LLC ("Airway Services", or "Airway"), from family office-backed private investment firms Northaven Capital Partners and Concentric Equity Partners.
  • Takkion has acquired Airway Services to expand its solutions for the renewable energy services market.
  • Airway Services will complement Takkion's leading multimodal logistics and O&M services companies: Transportation Partners and Logistics ("TP&L"), Global Specialized Services ("GSS") and Renew Energy ("RENEW").
  • Jim Orr, President and Chief Executive Officer of Takkion, added, "We are excited to add Airway Services to the Takkion platform of companies.

DGAP-News: Altius Renewable Royalties Announces US$52.5 Million Royalty Investment in a Northleaf Wind and Solar Portfolio; New Developer Royalty Added

Tuesday, October 5, 2021 - 8:03pm

Altius Renewable Royalties Announces US$52.5 Million Royalty Investment in a Northleaf Wind and Solar Portfolio; New Developer Royalty Added

Key Points: 
  • Altius Renewable Royalties Announces US$52.5 Million Royalty Investment in a Northleaf Wind and Solar Portfolio; New Developer Royalty Added
    The issuer is solely responsible for the content of this announcement.
  • St. John's, Newfoundland - September 30, 2021 - Altius Renewable Royalties Corp. (TSX: ARR, WKN: A2QQFT, OTCQX: ATRWF) ("ARR" or the "Company") reports that its joint venture subsidiary Great Bay Renewables ("GBR") has closed a US$52.5 million royalty investment with Northleaf Capital Partners ("Northleaf") related to three operating-stage wind and solar renewable energy projects located in Texas.
  • The royalty investment has been structured using royalty rates that vary over time and provide GBR with US$ 4-7 million per year over the first 10 years of the investment.
  • The structure also allows ARR to achieve its investment hurdle targets while optimizing Northleaf's project level cash flow profile.

Notified Launches MarketPlace to Drive Community Engagement for Events Industry

Tuesday, October 5, 2021 - 3:00pm

Notified recently re-branded from Intrado Digital Media and is the worlds only communications cloud for events, public relations, and investor relations.

Key Points: 
  • Notified recently re-branded from Intrado Digital Media and is the worlds only communications cloud for events, public relations, and investor relations.
  • We launched MarketPlace to give our customers direct access to the best vendors and partners across the entire industry, said Ben Chodor, president of Notified.
  • We have big plans for MarketPlace, and the events community is just the first phase, said Chodor.
  • Notified is the worlds only communications cloud for events, public relations, and investor relations to drive meaningful insights and outcomes.

Shutterfly Partners With Marie Kondo on an Exclusive Product Collaboration, a First for the Brand

Tuesday, October 5, 2021 - 1:00pm

The Shutterfly x KonMari assortment will feature 62 thoughtfully designed products with 17 exclusive designs ranging in price from $3-$300 USD.

Key Points: 
  • The Shutterfly x KonMari assortment will feature 62 thoughtfully designed products with 17 exclusive designs ranging in price from $3-$300 USD.
  • View the full release here: https://www.businesswire.com/news/home/20211005005241/en/
    Turn memorable moments into customized products with the new Shutterfly x KonMari collection designed by Marie Kondo.
  • (Photo: Business Wire)
    Shutterfly partnered with Marie Kondo to explore the art of transforming moments into cherished keepsakes that spark joy.
  • The Shutterfly x KonMari collection features an elevated and clean aesthetic that takes inspiration from the Japanese concept, wabi-sabi.