Apollo (NYSE: APO) is a private-equity firm headquartered in New York, New York, United States that owns 6 consumer brands, and has 1 recorded transaction.[1]
Apollo Global Management is one of the largest private equity firms in the world, founded in 1990 by former Drexel Burnham bankers. It bought ninety per cent of Yahoo from Verizon in 2021, which means the websites that defined the early consumer internet are now owned by a buyout fund rather than a technology company.
Funds managed by Apollo Global Management acquired ninety per cent of Verizon Media, comprising Yahoo and AOL and their properties, in a deal valued at about $5 billion. Verizon retained the remaining ten per cent.
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Frequently asked questions
What brands does Apollo own?
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Apollo owns 6 consumer brands tracked here, including Yahoo Mail, AOL, Yahoo Finance, Yahoo, Engadget and Yahoo Sports.
Is Apollo an American company?
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Yes. Apollo is headquartered in New York, New York, United States and was founded in 1990.
What was Apollo's most recent acquisition?
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The most recent completed acquisition recorded here is Yahoo, Yahoo Mail, Yahoo Finance, Yahoo Sports, AOL and Engadget on 1 September 2021.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.