Apollo Global Management

Money Moves

Providing financing for the Thrive-ADT deal; former ADT owner

ADT, the home security company that has protected homes for more than 150 years, is going private. Joshua Kushner's Thrive Holdings agreed October 29 to buy it for $10 per share in cash, or $7.6 billion in equity and $15.3 billion including debt. ADT closed that day about 1.2% below $10, a gap that suggests investors expect no higher bid.

Updated Oct 30

Money Moves

As of August 2026: Buyer, offering £5.7 billion

easyJet has flown as a London-listed public company since 2000. On August 7, its board unanimously backed a £5.7 billion buyout by US private equity firm Apollo Global Management, a deal that would take the budget airline private and off the London Stock Exchange.

Updated Aug 7

Built World

As of July 2026: Former co-owner of the Fab 34 plant

Intel committed €5 billion to expand its chip factory in Leixlip, Ireland. The money scales up production of server chips for artificial intelligence, and it lands a year after Intel scrapped a larger €30 billion plant in Germany.

Updated Jul 14

Money Moves

As of May 2026: Building one of the largest private equity auto-supply portfolios; current holdings include Tenneco, TI Automotive and Panasonic Automotive with $28B combined annual revenue and 120,000+ employees across 50 countries

Apollo Global Management agreed on April 27, 2026 to buy Forvia's interiors business for €1.82 billion (about $2.1 billion)—the largest auto-supplier carve-out announced this year. The unit running 59 plants across 19 countries generated €4.8 billion in revenue last year making instrument panels, door panels and center consoles for nearly every major carmaker. Forvia shares surged 8 percent in Paris the following morning as investors welcomed the prospect of more than €1 billion in net debt reduction.

Updated May 31

Money Moves

As of May 2026: Exiting Fab 34 investment with substantial return

Intel's foundry strategy has shifted from a single Apple deal to a growing roster of major chip buyers in weeks. In early April 2026, Intel signed on as primary foundry partner for Terafab, a $25 billion AI chip venture backed by Tesla, SpaceX, and xAI.

Updated May 30