Apollo Announces $1.5B Acquisition of Bridge Investment Group

Apollo Global Management has announced an agreement to acquire Bridge Investment Group Holdings in an all-stock transaction valued at approximately $1.5 billion. This acquisition, expected to close in the third quarter of 2025, will enhance Apollo's real estate equity platform and origination capabilities, providing immediate scale to its operations. Bridge, founded in 2009, manages around $50 billion in high-quality assets across various real estate sectors, which aligns with Apollo's long-term growth strategy. The transaction is anticipated to be immediately accretive to Apollo's fee-related earnings and allows Bridge to continue operating under its existing brand and management team. Apollo highlighted that this merger is part of its strategy to expand in growing areas of the business. The merger agreement includes terms that ensure Bridge's stockholders will receive shares of Apollo stock as part of the deal.