Apollo Acquires 25% Stake In Pe Firm Motive Partners For Fintech Deals

by crowdfundinsider.com posted 4weeks ago 1 views
Apollo acquires 25% stake in PE firm Motive Partners for fintech deals  Crowdfund Insider. : Apollo Global Management, Inc. (Apollo) has acquired a 24.9% stake in a Fintech-focused private equity firm, Motive Partners’ (Motive) management company, for an undisclosed amount. However, industry experts value the deal at $1 billion. With this, Apollo and its affiliates would become limited partners in the Motive’s managed vehicles. The deal will help tap a nearly $10 trillion financial technology market opportunity over the next decade.

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