Athene and Apollo to Acquire Controlling Stake in Aqua Finance

Athene Acquires Majority Stake in Newfi (Investment Managed by Apollo)

October 18, 2021

Financial Services

Athene has agreed to acquire a majority shareholder interest in Newfi from Warburg Pincus, with the investment to be managed by Apollo. Newfi's founder and CEO Steve Abreu will remain in place and the deal is intended to accelerate Newfi's growth and expand its presence in the non-agency single-family mortgage market.

Athene Acquires Petros PACE Finance

December 20, 2021

Financial Services

Athene Holding Ltd. has entered into a definitive agreement to acquire Petros PACE Finance, a U.S. originator of Commercial Property Assessed Clean Energy (C-PACE) financing. The investment will be managed by Apollo, and Petros' co‑founders will remain with the business and retain a minority stake as the company scales its C‑PACE origination platform.

Hale Capital Partners Acquires Majority Stake in Athenium

November 6, 2024

Software

Hale Capital Partners, a New York-based growth private equity firm, led a cooperative recapitalization to acquire a majority stake in Athenium, a Dover, New Hampshire provider of risk and quality management software. The investment brings in Jim Greenwell as CEO and will support product development, AI/analytics capabilities and expansion into new verticals including insurance, financial services and government.

Aquarian Holdings Acquires Majority Stake in PACE Equity

October 30, 2024

Financial Services

Aquarian Holdings has acquired a majority stake in PACE Equity and committed up to $1 billion of financing to scale the firm's commercial PACE (C-PACE) lending platform. The investment will expand PACE Equity's capacity to fund commercial green building projects and broaden its market reach across the U.S.

Nordic Capital Acquires Controlling Interest in Anaqua

February 25, 2025

Cloud & SaaS

Nordic Capital has acquired a controlling interest in Anaqua from Astorg. The private equity investor said it will support Anaqua's global expansion and further development of its AQX and PATTSY WAVE IP management software and services to drive growth and capability enhancements.

United Fintech Acquires 25% Stake in Athena Systems

January 12, 2022

Software

United Fintech has acquired a 25% stake in US-founded Athena Systems as the first step in a multi-stage buy-up that will see United Fintech acquire an additional 26% in two years and the remaining 49% in three years. The deal brings Athena's Portfolio Order Management System (Athena Spark) onto United Fintech's platform to scale globally and expand the group's asset-management product offering for banks, asset managers and hedge funds.