Apollo Leads $35 Billion Capital Solution for Broadcom AI XPV Platform in Partnership with Blackstone and Leading Global Banks

Apollo logo

Initial Investment to Accelerate Anthropic’s Compute Capacity as Part of Broader Global AI Infrastructure Platform

NEW YORK, June 09, 2026 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced that Apollo-managed funds and affiliates are leading an initial $35 billion capital solution as part of Broadcom’s new AI XPV Platform (the “Platform”), in partnership with Blackstone (NYSE: BX) and leading global banks. The Platform is designed to enable over 20GW in compute capacity for leading frontier AI labs through 2028. The initial transaction is the product of a deeply collaborative relationship between Apollo and Broadcom, designed to deliver committed, certain capital across a multi-year draw schedule. It will facilitate Anthropic’s previously announced capacity expansion of more than 1GW of compute infrastructure for training and inference starting in mid-2026.

The Platform represents a new model for mobilizing institutional capital at the scale required to meet the infrastructure demands of AI innovation, pairing some of the world’s most advanced silicon and networking solutions with long-term, flexible capital to accelerate compute deployment across the frontier AI ecosystem. Apollo and Blackstone’s participation as primary capital partners reflects the growing role that private capital is playing in financing the digital infrastructure buildout underpinning the broader Global Industrial Renaissance.

Apollo Partner Jamshid Ehsani said, “Broadcom and Anthropic are world-class companies operating at the frontier of technological innovation, and we are proud to have led the largest private financing ever executed. Committing significant investment grade capital as a principal investor alongside our partners, this transaction reflects the scale and flexibility of Apollo’s balance sheet and the power of our integrated platform across High-Grade Capital Solutions, Apollo Capital Solutions and ATLAS SP Partners to structure a solution that met the needs of every party involved. AI compute is rapidly emerging as one of the most compelling new asset classes in finance, characterized by contracted cash flows, mission-critical utility and a supply-demand dynamic that continues to intensify. As hyperscalers and frontier AI labs work to secure the computing power necessary to train and deploy next-generation models, the demand for flexible, large-scale financing requires new capital solutions. We look forward to building on this model as companies advancing AI infrastructure come to market with their most ambitious capital needs.”

Won Kim, Head of Corporate Development and AI Infrastructure Partnerships at Broadcom, said, “The demand for AI compute is growing faster than traditional capital markets can accommodate, and this initial transaction, led by Apollo, demonstrates what becomes possible when world-class technology is paired with a partner of that caliber.

“Built on a deeply collaborative relationship, this transaction serves as the first pillar of the XPV Platform. We look forward to scaling it alongside Apollo, Blackstone and our broader partner group as the AI infrastructure buildout accelerates.”

Advisors

Apollo was advised by Goldman Sachs, Wells Fargo and Citi on the transaction. With respect to the A1 tranche, Wells Fargo is serving as Global Coordinator, Joint Bookrunner and Joint Lead Arranger and BNP Paribas, Citi and UBS are serving as Joint Bookrunners and Joint Lead Arrangers. Goldman Sachs, Bank of America and Morgan Stanley are serving as Joint Placement Agents on the A2 tranche. Latham & Watkins LLP is serving as lead legal counsel to Apollo, with Paul, Weiss, Rifkind, Wharton & Garrison LLP as special counsel to Apollo, and PwC providing accounting advisory to Apollo. Milbank LLP is serving as investors’ counsel for the transaction.

Morgan Stanley is serving as lead advisor to Broadcom; JPMorgan Chase is serving as co-advisor. Sullivan & Cromwell LLP is serving as legal counsel to Broadcom.

About Apollo

Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees and the communities we impact, to expand opportunity and achieve positive outcomes. As of March 31, 2026, Apollo had approximately $1.03 trillion of assets under management. To learn more, please visit www.apollo.com.

Contacts

For Apollo:

Noah Gunn
Global Head of Investor Relations
(212) 822-0540
IR@apollo.com

Joanna Rose
Global Head of Corporate Communications
(212) 822-0491
Communications@apollo.com

Carlyle to Acquire Chung Ho Group in Korea

Carlyle

Seoul, South Korea – June 8, 2026 – Global investment firm Carlyle (NASDAQ: CG) today announced that it has signed a definitive agreement to acquire up to 100% of Chung Ho Group (“Chung Ho”), a leading Korean home and healthcare appliance (“HHA”) rental platform. Equity for the investment will come from investment funds affiliated with Carlyle Asia Partners (“CAP”), its Asia buyout platform.

This proprietary, succession-driven transaction is between Carlyle and the members of the Joung family, the company’s current shareholders. Terms of the transaction are not disclosed.

Founded in 1993 by the late Chairman Dr. H.D. Joung, Chung Ho has evolved from a water purifier manufacturer into a vertically integrated Korean HHA rental platform, with operations spanning finished-product rental, filter and component manufacturing, and in-house installation and after-sales services. The company serves a large, recurring customer base through a nationwide service network and has built a strong reputation for innovation in premium water purifiers, air purifiers, bidets, mattresses and other HHA products.

Carlyle believes Chung Ho is well-positioned to benefit from long-term consumer demand for health and wellness-related home appliances and the continued adoption of subscription-based products and services. Carlyle intends to support the company by investing further in its brand as well as product innovation capabilities to continue providing customers with reliable, high-quality services.

John Kim, Chairman of Carlyle Korea for CAP, said: “We believe Chung Ho is one of the leading Korean water purifier and home appliance companies, underpinned by strong brand equity and product capabilities. We are excited about the opportunity to partner with Chung Ho and to leverage Carlyle’s experience and global network to further strengthen the company’s market position and support its next phase of growth.”

Icksoo Jung, Head of Carlyle Korea for CAP, said: “This succession‑driven investment underscores Carlyle’s ability to provide solutions in complex ownership and succession transitions for founder‑led businesses in Korea. Carlyle has a deep understanding and strong expertise in navigating such transitions, which we believe will become increasingly important in the Korean market.”

Dr. Kyung Eun Lee, Chairwoman of Chung Ho Group, said: “For more than three decades, Chung Ho has focused on delivering reliable, high‑quality products and services to Korean consumers and has pioneered the premium water purifier and home appliance market. We believe this partnership with Carlyle will help the company build on Chairman H.D. Joung’s legacy, continue to innovate, and create greater value for Chung Ho’s customers and employees.”

The transaction is expected to close in the third quarter of 2026, subject to customary regulatory approvals and closing conditions.

Carlyle is a leading global investment firm that has a long-standing presence in Korea, having invested more than US$4 billion in the market over the past two decades. Notable investments in Korea include ADT Caps, KB Financial Group, Kakao Mobility, A Twosome Place, Hyundai Glovis and KFC Korea.

About Carlyle

Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest. With $475 billion of assets under management as of March 31, 2026, Carlyle’s purpose is to connect people, ideas, and capital to fuel growth for companies and performance for investors. Carlyle employs more than 2,500 people in 28 offices across four continents. Further information is available at www.carlyle.com. Follow Carlyle on X @OneCarlyle and LinkedIn at The Carlyle Group.

Media Contacts

Carlyle
Lonna Leong
+852 9023 1157
lonna.leong@carlyle.com

The SIGNATURE
Jason Sohn
+82 10 9622 5915
jason.sohn@thesignature.co.kr

Categories: News

Tags:

CapMan Growth exits Silmäasema – Terveystalo acquires all shares in the company

Capman

CapMan Growth exits Silmäasema – Terveystalo acquires all shares in the company

CapMan Growth Equity II fund, together with the other owners of Silmäasema Oy, has signed an agreement to sell all shares in the company to Terveystalo Plc and its subsidiary, Terveystalo Healthcare Oy. The transaction strengthens the position of the combined Terveystalo and Silmäasema entity in the growing eye health market and enables the provision of even better services and care for customers.

Silmäasema is Finland’s leading vision and eye health company in both private eye health services and optical retail. CapMan Growth invested in Silmäasema through the Growth Equity II fund in 2023 as part of an approximately EUR 40 million investment round. In connection with the same transaction, CapMan Growth exited Coronaria Oy, which has served as Silmäasema’s largest shareholder and will become Terveystalo’s largest shareholder upon completion of the transaction. Antti Kummu, Managing Partner at CapMan Growth, has served as Chair of Silmäasema’s Board of Directors since 2019.

Silmäasema’s revenue has grown steadily and outpaced the market at an average annual rate of 16% during CapMan Growth’s ownership period in 2020–2025. The company’s revenue has more than doubled to EUR 267 million, while EBITDA (IFRS) has quadrupled to over EUR 55 million (2025). During this time, Silmäasema has also become the market leader in its sector in Finland. An important driver of Silmäasema’s strong growth and high profitability has been its unique integrated operating model, which covers the full range of eye health services.

“I am very grateful and proud that we have been part of Silmäasema’s impressive development over several years. I would like to warmly thank Teppo Lindén, Ulla Näpänkangas, Jari-Pekka Kelhä, as well as Silmäasema’s wider management team and all employees for their excellent work in driving the company’s growth and development. Silmäasema has played an important role in Finnish eye health, and the transaction with Terveystalo opens up new opportunities for the company and creates a strong foundation for future growth,” comments Antti Kummu.

Completion of the transaction is subject to approval by the Finnish Competition and Consumer Authority and a resolution by Terveystalo’s Extraordinary General Meeting authorising Terveystalo’s Board of Directors to issue the consideration shares.

The exit is CapMan Growth’s tenth to date and the second for the Growth Equity II fund.

For more information:

Antti Kummu, Managing Partner, CapMan Growth, +358 50 432 4486

About CapMan

CapMan is a leading Nordic private asset expert with an active approach to value creation and 7.2 billion euros in assets under management. As one of the private equity pioneers in the Nordics we have developed hundreds of companies and assets creating significant value for over three decades. Our objective is to provide attractive returns and innovative solutions to investors by enabling change across our portfolio companies. An example of this is greenhouse gas reduction targets that we have set under the Science Based Targets initiative in line with the 1.5°C scenario and our commitment to net-zero GHG emissions by 2040. We have a broad presence in the unlisted market through our local and specialised teams. Our investment strategies cover real estate and infrastructure assets, real asset debt, natural capital and minority and majority investments in portfolio companies. We also provide wealth management solutions. Altogether, CapMan employs around 200 professionals in Helsinki, Jyväskylä, Stockholm, Copenhagen, Oslo, London, Luxembourg, and Düsseldorf. We are listed on Nasdaq Helsinki since 2001. www.capman.com.

About Silmäasema

Silmäasema is the largest eye health and optical retail operator in Finland. We see the whole picture, from meeting and treating our patients to Finnish eye health as a whole. Silmäasema’s more than 1,700 vision and eye health professionals treat close to one million customers every year. Silmäasema has 155 optical stores and ophthalmologist centres, 20 private eye hospitals and 5 units providing public eye health services across Finland. Silmäasema’s turnover in 2025 was 267 million euros. In Estonia, Silmäasema has 10 optical retail locations under the Eagle Vision brand.

Categories: News

Tags:

FDH Aero Enters Next Phase of Growth Through Partnership with Bain Capital and Audax Private Equity

BainCapital

The investment will aim to help accelerate FDH’s growth strategy, drive operational and customer-focused innovation, and support the Company’s continued global expansion.

Commerce, Calif. – June 8, 2026 – FDH Aero (“FDH” or the “Company”), a leading global provider of supply chain solutions for the aerospace and defense industry, today announced that it has entered into a definitive agreement to receive a majority investment from Bain Capital Private Equity. Audax Private Equity, FDH’s majority shareholder since 2017, is expected to remain a significant investor in the Company.

The partnership will support FDH’s next phase of growth with continued investment in the Company’s capabilities, service model, and global reach, through both organic initiatives and strategic acquisitions. FDH will continue to be led by Chief Executive Officer Ian Walsh and the current management team.

FDH Aero is a trusted partner that helps simplify an increasingly complex supply chain for aerospace and defense companies. FDH specializes in hardware, electrical products, and consumables & expendables for OEM and aftermarket customers. With over 60 years of experience, FDH’s service-first mindset, reliability, and availability of inventory stock have earned it a reputation as a leader in aerospace and defense logistics. FDH supports customers through a global platform with more than 1,500 employees across 15 countries.

“This partnership marks an important and planned milestone in our growth plans and reflects the strength of our people, our business, and the opportunities ahead to create value for our customers and stakeholders,” said Mr. Walsh. “With Bain Capital’s deep operational and strategic experience, together with the continued support of Audax, we are well positioned to continue investing for future growth. Together, we remain focused on putting customers first and strengthening our position as a trusted global supply chain solutions partner.”

Since Audax Private Equity’s initial investment in 2017, FDH has expanded operations across five continents, completed 12 acquisitions that broadened its product offering and extended its commercial reach, and grown revenue significantly. Bain Capital’s investment enables FDH to further accelerate that growth.

“Since our initial investment nine years ago, FDH Aero has established itself as an integral supply chain partner to the global aerospace sector,” said Audax Private Equity Partner David Wong. “We are proud of FDH’s leadership team and 1,500 employees worldwide for their stewardship and look forward to working with Bain Capital through this next chapter of FDH’s growth.”

Over more than 40 years of investing in the industrial and aerospace sectors, Bain Capital has developed significant experience helping businesses grow while providing valuable services to complex, mission-critical supply chains.

“FDH has built an exceptional platform in aerospace and defense logistics, distinguished by deep customer relationships, a service-first culture, and a level of execution that gives us tremendous confidence in the business,” said Stephen Thomas, a Partner at Bain Capital. “We are excited to partner with Ian and the full FDH team,” added Ajay Kumar, a Partner at Bain Capital. “Together, we plan to continue investing in the company’s capabilities and inventory availability to further strengthen its customer-centric growth strategy.”

The transaction remains subject to customary regulatory approvals and is expected to close in the second half of 2026.

Jefferies, RBC Capital Markets, and BMO Capital Markets served as financial advisors to Bain Capital and provided committed debt financing for the transaction.

William Blair & Company, LLC served as financial advisor to FDH and Audax Private Equity in connection with the transaction.

###

About FDH Aero
FDH Aero is a trusted global supply chain solutions partner for aerospace and defense companies, helping to shape the industry by simplifying the supply chain. With over 60 years of experience, it specializes in hardware, electrical, consumables & expendables, licensed products, and value-added services for global OEM and aftermarket customers. FDH is headquartered in Commerce, California, and has operations across the Americas, EMEA and APAC. FDH Aero – named the Best Place to Work in Aviation in 2025 – has locations in 15 countries across the globe, with more than 1,500 best-in-industry employees and over 650,000 square feet of inventory space.

For more information, please visit FDHAero.com.

About Bain Capital
Founded in 1984, Bain Capital is one of the world’s leading private investment firms. We create lasting impact for our investors, teams, businesses, and the communities in which we live. As a private partnership, we lead with conviction and a collaborative culture that enables us to innovate, unlock opportunity, and deliver strong outcomes. Our global platform invests across Private Equity, Growth & Venture, Capital Solutions, Credit & Capital Markets, and Real Assets. Across these focus areas, we bring deep sector expertise and broad capabilities. We have 24 offices on four continents, more than 1,850 employees, and approximately $225 billion in assets under management. To learn more, visit www.baincapital.com. Follow @BainCapital on LinkedIn and X.

About Audax Private Equity
Headquartered in Boston, with offices in San Francisco, New York, London and Hong Kong, Audax Private Equity is a leading private equity platform focused on investing across the North American middle market. Our objective is to accelerate value creation through our Buy & Build strategy and the Audax Value Agenda™, a holistic framework that seeks to create, enable, and protect value across every stage of the investment lifecycle. As of January 2026, Audax Private Equity had approximately $19.5 billion of assets under management and, since its formation in 1999, has invested in more than 180 platforms and more than 1,500 add-on acquisitions. For more information, visit www.audaxprivateequity.com or follow us on LinkedIn.

 

 Eddie de Sciora

Categories: News

Tags:

Accent Equity divests Malte Månson to Citira

Accent Equity
  • Accent Equity and minority shareholders have signed an agreement to divest Malte Månson to Citira
  • During Accent Equity’s ownership, Malte Månson has more than doubled its revenue, grown EBITDA by more than 2.5x and expanded its workshop network from 17 to 28 locations
  • Through the acquisition of Malte Månson, Citira creates a unique full-service offering for commercial vehicle fleets, combining tire management and vehicle maintenance expertise

​The investment fund Accent Equity VI and minority shareholders have signed an agreement to divest Malte Månson to Citira, a European tire management provider.
​​
​Accent Equity became the majority owner of Malte Månson in 2023 and has since then supported the company’s development into a stronger, broader and more scalable group. During Accent Equity’s ownership, Malte Månson has continued to develop its service offering, strengthened its organisation and operational platform, and expanded its position in the Swedish market.

“We are very proud of the development of Malte Månson during our ownership. The group has delivered strong profitable growth, increasing revenue from approximately SEK 350 million to SEK 800 million while growing EBITDA by more than 2.5x. The workshop network has expanded from 17 to 28 locations, and the company has broadened its offering beyond heavy trucks to include buses and light commercial vehicles. We believe Citira is a strong new owner with clear industrial logic and the capabilities to support Malte Månson in its next phase,” says Mikael Strand, Associate Partner at Accent Equity and Chairman of the Board of Malte Månson.
“The past three years have been a highly transformative period for Malte Månson. Together with our employees, management team and Board, we have significantly strengthened our market position, expanded our service offering and built a scalable platform for future growth. Looking ahead, we are excited to join forces with Citira. With a clear industrial vision and a strong strategic fit, Citira is the ideal partner to support Malte Månson’s continued growth and international expansion”, says Staffan Lindewald, CEO of Malte Månson Group.

The transaction is subject to customary closing conditions.
​​
For more information, please contact:
​​
​Mikael Strand, Associate Partner at Accent Equity, +46 70 542 50 01, mikael.strand@accentequity.se
​​
​Staffan Lindewald, CEO Malte Månson Group, +46 70 829 91 21, staffan.lindewald@maltemanson.com


About Accent Equity:
​​
​Founded in 1994, Accent Equity is a pioneering buyout firm in the Nordic region, with a track record of over 90 platform investments and more than 200 add-on acquisitions. While Accent Equity maintains a broad investment mandate, its primary focus is on buyout transactions involving unlisted Nordic growth companies within the small cap segment. Currently, Accent Equity’s portfolio consists of 20 companies. ​
​​
accentequity.se
​​
Follow Accent Equity on LinkedIn

About Malte Månson:
​​
​Malte Månson is the largest independent service and repair provider for commercial vehicles in Sweden. The company’s history dates back to 1918 and it currently operates 28 workshops across the country with c. 300 employees. In 2025 the company generated sales of c. SEK 800 million. ​
​​
www.maltemanson.com

Categories: News

Tags:

Quality Guard strengthens its European position with the acquisition of Kooklin.

GIMV

Roeselare, 2 June 2026 – Quality Guard announces the acquisition of French software company Kooklin, a leading provider of digital solutions for food safety and HACCP management. With this acquisition, Quality Guard accelerates its international growth strategy and reinforces its position as one of Europe’s leading players in the food safety sector.

Kooklin is one of the leading players in the French market and benefits from a strong and loyal customer base across the country. Through this acquisition, Quality Guard strengthens its presence in France, one of Europe’s largest foodservice and hospitality markets. The transaction forms part of the company’s broader growth strategy, in which targeted acquisitions complement and accelerate the company’s strong organic growth. It is the second acquisition since investment company Gimv joined Quality Guard as a strategic partner in November 2025.

Quality Guard develops software that digitalises and automates food safety, allergen management, traceability and HACCP processes for more than 9,000 customers across Europe. Its clients include hospitality businesses, supermarkets, bakeries, butcher shops, catering companies, food producers, healthcare institutions and hospitals. By combining intelligent automation with human expertise, the company helps organisations efficiently comply with increasingly stringent European food safety and compliance regulations.

“With Kooklin, we are taking an important step in our European growth strategy,”says Achile Van Gierdegom, CEO of Quality Guard.“France is a key market for us. We share the same vision as Kooklin: making food safety simpler, more efficient and scalable through technology. Together, we will be able to support customers even better in a sector that is rapidly digitising.”

The European market for food compliance and food safety software is growing strongly due to stricter regulations, increasing complexity and the need for digital monitoring. A large part of the sector still relies on paper-based processes. As a result, demand for automated solutions continues to grow structurally.

The acquisition aligns with the shared ambition of Quality Guard and Gimv to further grow into the European market leader in food safety software. In line with this vision, the company intends to continue consolidating a fragmented European market and to develop additional technological innovations.

Categories: News

Tags:

Nippon Life Insurance Company Enters into Strategic Partnership with Blackstone

Blackstone

Tokyo, Japan – June 3, 2026 – Nippon Life Insurance Company (“Nippon Life”) has entered into a memorandum of understanding for a comprehensive strategic partnership (the “Strategic Partnership”) with Blackstone (“Blackstone”) to provide investment management services in the private credit and real estate sectors.

Blackstone is the world’s largest alternative asset manager with over $1.3 trillion in assets under management and globally leading platforms in private credit and real estate.

Through this Strategic Partnership, Nippon Life group aims to access high-quality investment opportunities while enhancing the sophistication of its asset management capabilities with the objective of providing attractive risk-adjusted returns. This will enable Nippon Life group to enhance value to its policyholders and achieve further growth, while contributing to the realization of Japan as a leading nation in asset management.

Overview of the Strategic Partnership

This Strategic Partnership is centered on the following three key initiatives.

  • Private Credit: Blackstone offers investment opportunities in the private credit sector and has a proven track record of investing through market cycles. Nippon Life group anticipates allocating approximately 1.5 trillion yen in new capital to Blackstone for deployment in private credit and structured credit strategies over the next five years.
  • Real Estate: Blackstone invests thematically in high-quality real estate assets and is one of the largest foreign investors in Japan real estate. With the support of Blackstone’s leading asset management capabilities, Nippon Life will seek to advance initiatives to maximize the value of its properties, targeting approximately a dozen properties including large-scale urban assets.
  • Strategic Alliance: By deepening mutual understanding and trust, Nippon Life group and Blackstone will continue discussions aimed at further strengthening their strategic alliance in the future. Through Blackstone’s globally integrated, advanced investment framework, Nippon Life group will aim to enhance its employee training and its own investment capabilities, and to advance its risk management practices.

Satoshi Asahi, Representative Director & President, Nippon Life, said:
“We view this comprehensive strategic partnership with Blackstone as a critically important initiative to significantly advance our group’s asset management strategy. Building on the strong relationship of trust we have cultivated over the long-term, our organization is positioned to benefit from the support of Blackstone’s investment capabilities and expertise. This will enable us to further enhance the value we provide to our clients and achieve the sustainable growth of our group, while contributing to the realization of Japan as a leading nation in asset management.”

Jon Gray, President & Chief Operating Officer, Blackstone, said:
“We are deeply honored to further strengthen our relationship with Nippon Life group. This partnership represents one of the most significant multi-asset private credit partnerships in the Asia-Pacific region. As the world’s largest alternative asset manager with leading platforms in private credit and real estate, we will bring the full breadth of our capabilities to help advance Nippon Life group’s long-term objectives.”

About Blackstone
Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedInX (Twitter), and Instagram.

About Nippon Life
Founded in 1889, Nippon Life is the core company of the Nippon Life group, which consists of multiple group companies operating life insurance and asset management businesses in the Asia-Pacific region and globally and is the largest private asset owner in Japan. With around 70,000 employees, Nippon Life group has 15 million customers and over ¥118 trillion in total assets.

Blackstone
Mariko Sanchanta
mariko.sanchanta@blackstone.com
080 8702 7386

Categories: News

Tags:

Apollo Funds Complete Sale of ALTEMIRA, Leading Pan-Asian Aluminum Packaging Company

Apollo logo

TOKYO and NEW YORK, June 03, 2026 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) announced that Apollo-managed funds (the “Apollo Funds”) completed the sale of their interest in ALTEMIRA Holdings Co., Ltd. (“ALTEMIRA” or the “Company”), a leading pan-Asian aluminum packaging company, to funds managed by MBK Partners.

ALTEMIRA was established in April 2022, through the combination of the aluminum can and foil business formerly operated by Showa Denko K.K. (now named Resonac Holdings Corporation) and the aluminum can and rolled and extruded products business of Mitsubishi Materials Corporation. ALTEMIRA is one of the first successful examples of sponsor-led industry consolidation in the Japanese industrials sector, demonstrating Apollo’s ability to execute a complex carve-out and support the subsequent transition to a fully independent, standalone enterprise and drive broader transformation and industry consolidation through M&A.

As a result, ALTEMIRA has emerged as a differentiated platform with scale, operating one of the world’s only vertically integrated, closed-loop aluminum recycling ecosystems—spanning used beverage can collection, processing, slab casting, rolling into coils and fabrication into beverage cans. Apollo Fund’s investment in ALTEMIRA also highlights its role as a trusted partner to Japan’s leading corporations, offering differentiated solutions to help businesses execute their strategic priorities in sectors that have historically been difficult for outside capital to access.

The transaction follows Apollo Funds’ successful exit of MAFTEC announced in June 2025. Apollo Funds’ private equity investments in Japan include Panasonic Automotive Systems and Nippon Sheet Glass (pending closing).

About Apollo
Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of March 31, 2026, Apollo had approximately $1.03 trillion of assets under management. To learn more, please visit www.apollo.com.

Contacts
Noah Gunn
Global Head of Investor Relations
(212) 822-0540
IR@apollo.com

Joanna Rose
Global Head of Corporate Communications
(212) 822-0491
Communications@apollo.com

Categories: News

Tags:

PAI Partners to acquire a majority stake in Arlettie

PAI Partners

PAI Partners, a pre-eminent private equity firm, today announced that it has agreed to acquire a majority stake in Arlettie, a leading international B2B inventory management specialist for luxury brands, in partnership with its founders Muryel Lanneau and Thibaut Caillemer du Ferrage. The transaction will be made through the PAI Mid-Market Fund II (“PAI MMF II”), PAI’s second fund dedicated to mid-market opportunities, and is expected to close in early July 2026.

Arlettie organises exclusive private sales, staff sales and inventory-clearance events for many of the world’s leading luxury brands. Through a unique omnichannel platform combining physical showrooms in Paris, London, Milan and New York City with a fast-growing global online offering, the company helps luxury brands manage structural legacy stock effectively while preserving exclusivity, confidentiality and brand equity.

Arlettie operates a differentiated, consignment-based and asset-light business model, with long-standing relationships with more than 220 luxury and contemporary brands and a proprietary database of over 120,000 active consumers. The company has grown strongly, with revenue more than tripling in the last four years. This reflects the structural and recurring nature of luxury stock, an increasing tendency among luxury brands to outsource clearance to trusted specialist partners and a shift toward controlled, brand-safe channels.

With PAI’s support, Arlettie aims to accelerate its international expansion, particularly in the United States, further scale its omnichannel platform, deepen relationships with existing luxury partners and onboard new brands across categories and geographies. PAI will also support the company’s continued investment in technology, customer engagement and operational capabilities to reinforce its position as a leading global inventory management platform.

Muryel Lanneau and Thibaut Caillemer du Ferrage, the founders of Arlettie, said: “We are thrilled to welcome PAI as a shareholder in Arlettie. Throughout the process, we were impressed by the team’s professionalism and dedication. We share a common vision for Arlettie and the same ambition to drive the company’s growth.”

Stefano Drago, a Founding Partner in PAI’s Mid-Market Fund, said: “Arlettie has grown to become the preferred partner to the world’s leading luxury brands. The business combines a structurally resilient market position with a compelling growth trajectory, underpinned by strong brand relationships, a loyal consumer base and an established omnichannel platform. We are excited to work alongside the company’s management team to support the next phase of growth, leveraging PAI’s proven expertise in Business Services to accelerate international expansion and further strengthen Arlettie’s multi-channel capabilities.”

About Arlettie

Arlettie is the leading omnichannel inventory management platform for luxury brands, organising exclusive private sales events on behalf of more than 220 active luxury and contemporary brand partners. Operating across showrooms in Paris, London, Milan and New York City, as well as online, Arlettie delivers tailored, data-driven stock clearance events that enable brands to reduce legacy inventory efficiently whilst preserving exclusivity and brand equity. For more information, visit www.arlettie.com.

About PAI Partners

PAI Partners is a pre-eminent private equity firm investing in market-leading companies across the globe. The Firm has c. €25 billion of assets under management and, since 1994, has completed over 100 investments in 13 countries and realised more than €33 billion in proceeds from c. 70 exits.

PAI has built an outstanding track record through partnering with ambitious management teams, where its unique perspective, unrivalled sector experience and long-term vision enable companies to pursue their full potential – and push beyond. Learn more at www.paipartners.com.

Contacts

PAI Partners
Dania Saidam
+44 20 7297 4678

Categories: News

Tags:

3i invests in leading French natural nutrition brand Nutergia

No Comments
3I

Nutergia Logo (1)

3i Group plc (“3i”) today announces that it has invested in Laboratoire Nutergia (“Nutergia”), a leading French natural food supplements brand and a pioneer in science-based micronutrition.

Founded in 1989 by Claude Lagarde and headquartered in Capdenac, France, Nutergia provides natural, expert-recommended food supplements, with a differentiated positioning built around its proprietary concept of Active Cellular Nutrition®. The company develops and manufactures high-quality products, distributed primarily through pharmacy channels and benefits from strong, long-standing endorsement by healthcare professionals.

Nutergia has delivered double-digit organic annual growth for over a decade underpinned by strong patient trust and high brand loyalty. The company operates a well-invested production facility in France where it has an established presence in addition to Spain and Belgium, with growing international and digital channels.

The European market for natural and expert-recommended food supplements continues to benefit from durable long-term growth drivers, including ageing populations, increased consumer focus on prevention and wellbeing, and rising demand for high-quality, science-backed products. As a premium brand of choice, Nutergia is well positioned to capitalise on these trends.

3i is investing to accelerate Nutergia’s growth, driving further penetration of existing markets, continued innovation across product categories, acceleration of digital channels and international expansion in selected geographies. As part of the transaction, the Lagarde family will retain a significant minority shareholding and continue to be actively involved in the business.

Claude Lagarde, Founder, Nutergia, said: “Nutergia is built around scientific rigour, product quality and trust from consumers and healthcare professionals. We are pleased to welcome 3i as a partner who shares our ambition and brings significant experience of supporting premium healthcare brands in their growth journey, especially in their international expansion. Together, we look forward to building on Nutergia’s foundations and accelerating our long-term ambitions.”

Pierre-Axel Botuha, Partner and Co-Head of France Private Equity, 3i, said: “Nutergia is a top-tier nutrition business with a strong brand, deep healthcare heritage and a long track record of growth. It fits perfectly with our strategy of investing in differentiated companies which help consumers achieve a healthier lifestyle. We have known Nutergia for a long time and have followed its progress for many years and are delighted to now partner with the team to support the next phase of the company’s development.”

This investment builds on 3i’s successful experience of investing in international branded businesses with strong sustainability credentials, such as WaterWipes, MPM and Havea.

-Ends-

Categories: News

Tags: