Bridge Investment Group’s $1.5 Billion Acquisition by Apollo
February 24, 2025
On February 24, 2025, Bridge Investment Group Holdings Inc. (“Bridge”), a leading alternative investment manager diversified across specialized asset classes, and Apollo Global Management, Inc. (“Apollo”) announced they have entered into a definitive agreement for Apollo to acquire Bridge in an all‑stock transaction with an equity value of approximately $1.5 billion. Under the terms of the transaction, Bridge stockholders and Bridge OpCo unitholders will receive 0.07081 shares of Apollo stock for each share of Bridge Class A common stock and each Bridge OpCo Class A common unit, respectively, valued by the parties at $11.50 per each share of Bridge Class A common stock and Bridge OpCo Class A common unit, respectively. Cravath is representing the special committee of the Bridge Board of Directors in connection with the transaction.
The Cravath team is led by partner G.J. Ligelis Jr. and includes associates Joseph A. Marshall, Mariel V. Mok, Chris Kim and Daphne Peng on M&A matters; partners Lauren Angelilli and Andrew T. Davis and associate Megan Samayoa on tax matters; partner Matthew J. Bobby, senior attorney Arian Mossanenzadeh and associate Caroline Wyatt on executive compensation and benefits matters; partner David J. Kappos and associate Albert Wong on intellectual property matters; partner Matthew Morreale on environmental matters; and senior attorney Joyce Law on real estate matters.
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J.D., 2009, Harvard Law Schoolcum laude
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A.B., 2006, Princeton UniversityPhi Beta Kappa, magna cum laude
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J.D., 2000, Harvard Law Schoolcum laude
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B.S., 1996, The Wharton School of the University of Pennsylvaniamagna cum laude
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LL.M., 2020, New York University School of Law
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J.D., 2014, Stanford Law School
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A.B., 2010, Princeton University
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J.D., 2012, Harvard Law Schoolmagna cum laude
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M.A., 2009, University of Pennsylvania
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B.A., 2009, University of PennsylvaniaPhi Beta Kappa, summa cum laude
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J.D., 1990, University of California, Berkeley, School of Law
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B.S., 1983, University of California, Davissumma cum laude
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J.D., 1997, Columbia Law SchoolHarlan Fiske Stone Scholar
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M.S., 1994, University of Pennsylvania
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B.A., 1990, University of Pennsylvania
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B.A.S., 1990, University of Pennsylvania
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J.D., 1997, Boston University School of Law
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B.Comm., 1994, University of AlbertaDistinction
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