Apollo Funds Acquire Evri from Advent International

Otto Group Acquires Advent's Minority Stake in Hermes Germany

November 3, 2025

Logistics & Distribution

Advent International has entered into an agreement to sell its minority stake in Hermes Germany, a logistics services provider in Germany, to the Otto Group. The transaction is expected to close by year end and follows Advent’s 2020 investment arrangement in which it acquired a majority stake in Evri and a minority stake in Hermes Germany alongside Otto Group.

Apollo Funds to Acquire Everi Holdings and IGT Gaming & Digital in $6.3B All-Cash Deal

November 14, 2024

IT Services

Everi stockholders voted to approve the pending simultaneous all-cash acquisition of Everi and the Gaming & Digital business of International Game Technology (IGT) by a newly formed holding company owned by funds managed by affiliates of Apollo Global Management (Apollo Funds). Everi shareholders will receive $14.25 per share in cash, and the transaction is expected to close by the end of the third quarter of 2025, subject to closing conditions.

Univar Solutions Acquired by Apollo Funds in $8.1 Billion Deal

August 1, 2023

Industrial Services

Apollo Funds, including a minority investment from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), will acquire Univar Solutions in an all-cash transaction valued at approximately $8.1 billion. Under the terms of the agreement, Univar shareholders will receive $36.15 per share, and Univar will become privately held after completion.

Kainos Capital Acquires Evriholder from The Edgewater Funds

January 3, 2023

Consumer Products

Kainos Capital has acquired Evriholder (Evriholder Acquisition, Inc.), a designer, developer and distributor of household, kitchen and personal care products headquartered in Brea, California. The transaction represents The Edgewater Funds’ exit of its ownership stake in Evriholder following a partnership that began in 2018; Evriholder will operate as a consumer-products platform serving mass, specialty and e-commerce retailers across North America and internationally.

Apollo Funds to Acquire Majority Stake in Novolex

February 14, 2022

Packaging

Funds managed by Apollo affiliates have entered into a definitive agreement to acquire a majority stake in Novolex from funds managed by Carlyle, with Carlyle retaining a minority interest. Novolex, a leading sustainable packaging manufacturer headquartered in Hartsville, South Carolina with more than 10,000 employees and 57 manufacturing facilities, will look to leverage Apollo's resources to expand customer relationships, sustainability initiatives and product innovation.

Deflecto (Edgewater-backed) Acquires Evriholder Products, LLC

July 24, 2019

Consumer Products

Deflecto Holdings, LLC, a portfolio company of Edgewater Growth Capital Partners IV, L.P., has acquired Evriholder Products, LLC. The acquisition adds a leading housewares and organizational-products supplier to Deflecto’s portfolio, expanding its product assortment and retail distribution capabilities.