Apollo Funds Acquire Gatehouse Living Group From Gatehouse Bank

Apollo Global Management's managed funds have acquired Gatehouse Living Group from Gatehouse Bank for undisclosed terms. The acquisition increases Apollo's private markets exposure (alternative asset management/retirement services) but with no disclosed price the transaction has limited immediate public-market implications.

Analysis

Apollo Global Management's managed funds have acquired Gatehouse Living Group from Gatehouse Bank for undisclosed terms. The acquisition increases Apollo's private markets exposure (alternative asset management/retirement services) but with no disclosed price the transaction has limited immediate public-market implications.