Deal record
Apollo Global Management acquires The Michaels Companies
Leveraged buyout · Recorded status: Completed
Verified findings
Facts and causal attributions that have passed evidence review and remain backed by their reviewed sources.
No verified findings published yet.
Last reviewed: Unknown · Record updated: Sept. 2, 2026
Recorded deal
Database fields for this transaction. A recorded status is not an independently verified closing fact, and a recorded date or value is not a verified one.
- Transaction type
- Leveraged buyout
- Recorded status
- Completed
- Announced
- March 3, 2021
- Closed
- Unknown
- Recorded value
- approximately $5.0 billion transaction value ($3.3 billion equity value); $22.00 per share, all cash
- Ownership percent
- Unknown
Recorded parties
Entities named on this deal record, each with the role it was recorded under.
- AcquirerApollo Global ManagementInvestment firm
- TargetMichaelsOther
Record sources
Recorded provenance. These sources have not independently verified the deal fields or every party role.
- Apollo Global Closes Acquisition Deal With Crafts Chain Michaels
PYMNTS · Published: April 13, 2021 · Retrieved: Aug. 29, 2026 · Recorded, not verified
- The Michaels Companies Enters Into a Definitive Agreement to Be Acquired by Funds Managed by Apollo Global Management
The Michaels Companies, Inc. · Published: March 3, 2021 · Retrieved: Aug. 29, 2026 · Recorded, not verified
About this record
Verified findings have passed evidence review and stay published only while their reviewed evidence matches what currently exists. Findings listed above are findings about this deal; they do not verify the deal’s other recorded fields.
Everything under Recorded deal, Recorded parties, and Recorded ownership is database record data. Record origin and independent verification are separate questions. Where a recorded field and a verified finding disagree, both are shown as they stand. Nothing here reconciles them.