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Apollo Global Management

Major PE firm with holdings across retail, hospitality, and financial services

EST. 1990New York, NYWebsite →
11
Brands Owned
5
Documented Impacts
2
Bankruptcies
7
Industries
2 bankruptcies under their ownership
Fire & SecurityGaming & CasinosRestaurants & Fast FoodRetail & ConsumerMedia & Digital PublishingYouth Sports & RecreationFinancial Services

Brands Owned by Apollo Global Management (11)

ADT

Fire & Security · 3 locations

Largest home security company in the US. Apollo acquired in 2016 for $6.9B, took public in 2018

1 impact

ADT Security Services

Fire & Security · 0 locations

Apollo Global Management acquired ADT Security Services from Tyco International for $6.9B in 2012, taking it private. Apollo took ADT public in 2018 at an $11B valuation, having loaded it with $10B+ in debt. Customers and employees report high-pressure sales tactics and difficult contract cancellation processes.

Caesars Entertainment

Gaming & Casinos · 9 locations

Apollo and TPG acquired Harrah's in 2008 for $30.7B in one of the largest LBOs ever, loading $25B in debt. Extracted hundreds of millions in fees while transferring valuable real estate. Filed the largest bankruptcy in gaming history in 2015.

1 impact

Chuck E. Cheese

Restaurants & Fast Food · 4 locations

Family entertainment restaurant taken private by Apollo in 2014. Filed for bankruptcy in 2020 during COVID

Claire's

Retail & Consumer · 9 locations

Teen jewelry and accessories retailer that filed for bankruptcy in 2018 under Apollo-imposed debt. Restructured under Elliott Management

1 impact

Cox Media Group

Media & Digital Publishing · 0 locations

Apollo Global Management acquired Cox Media Group's TV stations, radio stations, and newspapers from Cox Enterprises for $3.1B in 2019. The sale included 33 local TV stations, 54 radio stations, and several newspapers. Significant layoffs followed.

IMG Academy

Youth Sports & Recreation · 3 locations

Elite sports academy and boarding school in Bradenton, FL. Apollo-backed Endeavor subsidiary charging $80K+/year tuition

1 impact

Michaels

Retail & Consumer · 8 locations

Arts and crafts retail chain taken private by Apollo Global Management with 1,250+ stores

OneMain Financial

Financial Services · 0 locations

Apollo Global Management played a key role in acquiring and restructuring OneMain Financial (formerly Springleaf Financial, formerly American General Finance). OneMain provides personal loans to subprime borrowers at rates up to 36% APR. Consumer advocates have raised concerns about predatory lending practices targeting vulnerable borrowers.

PetSmart

Retail & Consumer · 10 locations

Largest specialty pet retailer. Apollo-led consortium took private for $8.7B in 2015

1 impact

Qdoba

Restaurants & Fast Food · 5 locations

Mexican fast-casual chain acquired by Apollo from Jack in the Box in 2018