PURE Property Management and HomeRiver Group Merge to Form PURE HomeRiver; PGIM Provides $80M Growth Capital

Apollo Global Management Buys 40% Stake in Pembina Gas Infrastructure (PGI) From KKR

April 23, 2026

Energy

Apollo Global Management is set to acquire a 40% stake in Pembina Gas Infrastructure Inc. (PGI), a Western Canadian natural gas processing and gathering platform. The stake is being purchased from funds managed by KKR, while Pembina Pipeline Corporation will retain 60% ownership and remain the majority partner with ongoing operational oversight.

Pure Financial Advisors Acquires Personal Investment Management, Inc.

March 14, 2025

Financial Services

Pure Financial Advisors, LLC (PE-backed RIA) has acquired Personal Investment Management, Inc. (PIM), a Seattle-area financial advisory firm with roughly $567 million in regulatory AUM. The deal, which closed March 14, 2025, expands Pure's presence in the Pacific Northwest and integrates PIM's advisory team and clients into Pure's Seattle / Mercer Island operations.

Lincoln Property Company Acquires RiverRock Real Estate Group

July 10, 2023

Real Estate

Lincoln Property Company acquired RiverRock Real Estate Group, an Irvine-based property and asset management firm, adding more than 50 million square feet to its management portfolio. The deal expands Lincoln's third-party property management capabilities—particularly on the West Coast—and brings RiverRock founding partner John Combs into Lincoln's leadership team.

Family Office-Led Consortium Acquires PureWest Energy

May 31, 2023

Oil & Gas

PureWest Energy, a Rocky Mountain independent natural gas producer, completed an all-cash merger with a private consortium of family offices and financial institutions (the "PW Consortium") for $1.84 billion. The company will remain branded PureWest with its existing management and employees in place; the transaction included a $200 million asset-backed notes offering and a divestiture of producing wellbores to vehicles managed by Wincoram Asset Management.

Thomas H. Lee Partners Majority Investment in inriver

May 19, 2022

Cloud & SaaS

Thomas H. Lee Partners (THL) has made a majority growth investment in inriver, a Malmö-headquartered provider of product information management (PIM) software. The capital will support inriver's product innovation and go-to-market expansion across North America and Europe; Verdane will remain a significant minority shareholder. The deal was announced May 19, 2022 and was expected to close in Q2 2022.

HomeRiver Group Acquires Property Frameworks from Realogy Brokerage Group

October 1, 2020

Real Estate

HomeRiver Group acquired Property Frameworks from Realogy Brokerage Group, creating the largest third‑party residential property management company in the U.S. The deal expands HomeRiver Group's footprint from 14 to 22 states and increases combined homes under management to approximately 25,000; financial terms were not disclosed.