Apollo Funds Acquire The New Home Company
September 8, 2021
Funds managed by affiliates of Apollo Global Management completed a cash tender offer and merger to acquire The New Home Company. The transaction resulted in The New Home Company becoming a privately held, indirect wholly-owned subsidiary of the Apollo funds, with remaining shares converted to $9.00 per share in cash.
- Buyers
- Funds managed by affiliates of Apollo Global Management, Inc., Newport Merger Sub, Inc.
- Targets
- The New Home Company
- Industry
- Real Estate
- Location
- Arizona, United States
- Transaction Type
- Buyout
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