Microsofts Satya Nadella sells half of his shares in the company. Das Naes Unidas 14401, Torre Hotel Chcara Santo Antnio So Paulo, BR-SP. The company's financial sponsor support through meaningful equity funding of acquisitions helps to somewhat mitigate the integration, leverage and cash flow risks of the transactions, and the. NEW YORK, Nov. 29, 2021 (GLOBE NEWSWIRE) -- Athene (NYSE: ATH) and Apollo (NYSE: APO) today announced that Athene has agreed to acquire a controlling stake in Aqua Finance ("Aqua" or the. CNH Industrial completed the acquisition of Raven Industries for $2.1bn. Newfi Lending is a national mortgage lender reshaping the borrowing experience through a combination of proprietary technology and product innovation. 7-Day Free Trial. (FS). Because of this, it caused a NSF fee with my bank. Those benefits may be individually incremental but collectively meaningful. Until then, you can set up loan payments with Aqua Finance. Aqua Metals, Inc. (AQMS) Stock Forum & Discussion - Yahoo Finance Finance Home Watchlists My Portfolio Crypto Yahoo Finance Plus News Screeners Markets Videos Personal Finance Industries. At AFI, we provide consumer and retail financing opportunities to . Petros PACE was fomred in 2010 and is based in Austin, Texas. content Aqua Finance withdrew funds for a pool loan on 12/14/22 and withdrew again 12/28/22 without authorization. Make a payment to Aqua Finance with our Payment Portal Skip to main content Please be aware that websites may be impersonating Aqua Finance. And Aquas current valuation is very much in line with the rest of the group, including American Water Works (NYSE: AWK) at 34.2 times expected 2020 earnings. Petros PACE Finance LLC is a provider of low-cost, long-term commercial PACE financing, which allows commercial property owners to retrofit their buildings with renewable energy and energy efficient systems by borrowing money from a private lender and repaying the loan via a special assessment on their local property tax. Within private equity, Apollo targets traditional buyouts, distressed situations, as well as minority investments to help companies make acquisitions or fund other needs. If you would prefer not to receive paper statements in the mail, heres how to subscribe to eStatements. This is Apollo Global Management's 33rd and Athene's 2nd largest (disclosed . But rather than a means to cross-sell indexed annuities to consumers borrowing funds to pay for kitchen remodeling or vice versa, the pairing of Athene and Aqua Finance offers a further boost to the acquirer's already significant access to differentiated investments. Areas of interest include healthcare, hotel, industrial, office, residential, and retail. Follow Blackstone on Twitter @Blackstone. Apollo manages publicly traded Apollo Investment Corporation, which provides equity and junior capital to middle-market companies, as well as Apollo Commercial Real Estate Finance, Inc. Apollo Global Management was formed in 1990 and is based in New York City. What might appear to casual industry observers as an unusual marriage from an operational standpoint makes perfect sense in a financial context in the current environment. And the combined company will also benefit from the synergies of operating gas distribution and water utilities in the same area. Ackman SPAC needs new law to fight lawsuit. Legal Affairs. About ApolloApollo is a high-growth, global alternative asset manager. WPP completed the acquisition of Cloud Commerce Group. (FS), HashiCorp seeks $13bn valuation in IPO.
esgSubNav, Discover more about S&P Globals offerings, Global Credit and Risk Symposium: Unlocking Possibilities, JW Marriott Sao Paulo Av. Save my name, email, and website in this browser for the next time I comment. On January 1, 2022, we closed the merger with Athene in an all-stock transaction. The company delivers a more efficient and transparent process resulting in lower costs and higher levels of customer satisfaction and trust. That $5 was deposited by Aqua Finance to help you get started as a Connexus Credit Union member. November 29, 2021 16:30 ET
Opinions expressed by Forbes Contributors are their own. Jim Belardi, chief executive officer of Athene, said: Aqua Finance is an exciting opportunity for Athene to invest in a leading consumer finance platform, to provide capital and expertise to continue to grow the business, and to execute on our strategy with Apollo to invest in high-quality origination platforms.. We require you to maintain insurance throughout the life of your loan. NEW YORK, Nov. 29, 2021 (GLOBE NEWSWIRE) -- Athene (NYSE: ATH) and Apollo (NYSE: APO) today announced that Athene has agreed to acquire a controlling stake in Aqua Finance ("Aqua" or the "Company"), a fast-growing consumer lending platform, from funds managed by Blackstone Tactical Opportunities ("Blackstone") at a valuation of approximately $1 Your Connexus savings account must remain open until your loan balance is paid off. Aqua Finance, Inc. holds California Financing Law (CFL) License #6035421. For Apollo and Athene, Aqua is highly complementary to our portfolio of diversified origination platforms, extending our access to quality consumer loan flow., Menes Chee, a senior managing director at Blackstone, and C C Melvin Ike, a principal at Blackstone, said: We are pleased to have backed Aqua, Rich and his management team as they built a strong financial technology platform serving customers across the country. Access our detailed step-by-step instructions on how to use PayNearMe. Learn more about our water treatment financing, Learn more about our home improvement financing, Learn more about our pool and spa financing, Learn more about our recreation financing. Blackstone would also maintain a minority stake in the company. (FS), Trilantic and Cornell Capital-backed Ingenovis Health to acquire HealthCare Support. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Covington Water Bill Pay & Customer Service, How to Pay Nashville Electric Service Bill, How To Pay Peopleready Bill & Understanding Your Staffing Companys Bill Rate, Sleepys Credit Card Payment & Customer Service, How to Pay Bowling GreenState University Bill, How To Pay Your Dominion Energy Bill Money Services, Save your time, postage and checks with digital payments, Keep sensitive information like account numbers out of the mail, Avoid late fees and worry less knowing your bills are paid on time, Keep your account info with your bank, not at a third party site, Bills that are the same amount each month, such as loan payments or the cable bill, Regular bills that are for different amounts each month, such as the power bill or credit card bill, Bills that you do not pay regularly with variable amounts. Shares of Apollo, Arthur J. Gallagher and Brown and Brown have gained 49.7%, 33.2% and 38%, respectively, year to date. Sompo International has promoted Margaret Hyland, Athene Life Re names Natasha Scotland Courcy CEO, Former Bermuda bank executive joins team of life reinsurer, Arch continues commitment to decarbonisation, KXiyae Gibbons sent off in ugly scenes after final whistle, Thieves get away with significant amount cash in BMDS raid, Legal action threatened over claims of illegal activity by Cash App, Jamaican reggae monarch headed to Bermuda, Vile monster jailed for 35 years for sexually abusing sisters, More than 2,500 sign petition against hotel plans, OBA calls for full debate on Fairmont Southampton SDO, More than 2,500 sign petition calling for scaling-back of hotel plans, Meetings taking place around the island on school reform minister, Drivers warned against failing to stop for police, New images of hotel plans set to be released next week, Bank searches for elusive software solution, Auditors report suggests Sage findings hold true ten years on, Health ministry passes Belco nuisance investigation to DENR, KXiyae Gibbons sent off in ugly scenes after final whistle as Under-20s lose to Jamaica, Warwick Academy graduates take final walk through school. Sidley Austin LLP is serving as legal counsel to Apollo. I first discussed the Peoples acquisition when I recommended Aqua as a Conservative focus stock in the November 2018 issue of Conrads Utility Investor. U.S. states benefit from installment sale financing.
That's the highest multiple in the company's history and. We do this by using extraordinary people and flexible capital to help companies solve problems. You recently took out a loan with our partner Aqua Finance. Our goal is to ensure our dealers and borrowers achieve their dreams Just add Aqua to experience the difference of working with a company that cares about outcomes. This is a BETA experience. Athene is a life insurance holding company focused principally on the retirement market and whose business, through its subsidiaries, is focused primarily on issuing or reinsuring fixed and equity indexed annuities. This is Apollo Global Managements 82nd and Athenes 7th transaction in the United States. Scarcity plus little real operating risk is why I plan to continue reinvesting my Aqua/Essential dividends, rather than selling. We look forward to continuing to support the business and its next phase of growth.. Aqua Finance is a specialist lending platform that originates and services consumer loans, primarily for home improvement and water treatment. Athene specializes in helping its customers achieve financial security and is a solutions provider to institutions. CNH Industrial completed the acquisition of Raven Industries for $2.1bn. Our patient, creative, knowledgeable approach to investing aligns our clients, businesses we invest in, our employees and the communities we impact, to expand opportunity and achieve positive outcomes. We obtained a softener system through aqua water finance this account was sold to Connexus credit Union On our credit report it states that the account was closed December 31st 2019 paid 100%. You will need this member number to register for aDigital Banking accountwhere you can view and make payments on your loan. These figures do not include the annual run-rates of $40 billion and $15 billion, respectively, in originations in Apollo's traditional private credit business nor its high-grade alpha business. Novartis maintain an open attitude towards the future of Sandoz. Are T-Mobiles Earnings Set For A Boost In Q1? GUD Holdings to acquire AutoPacific Group from Pacific Equity Partners for $531m. IRTH Solutions is a provider of software and services to the underground utility damage prevention industry. Market Intelligence One Equity Partners led a $300m funding round in Armis. Aqua Finance, Inc.'s NMLS identifier is #1082164 which may be verified at NMLS Consumer Access. Apollos portfolio of proprietary origination platforms help the firm to originate high-quality, recurring assets for its investors, including Athene. Ive also consistently recommended Aqua in my advisories. For residents of New York City, New York: Aqua Finance, Inc. provides servicing options that allow for verbal communication in Spanish. On November 29, 2021, asset manager Apollo Global Management and Athene acquired financial services company Aqua Finance from The Blackstone Group for 1.0B USD. Aqua Finance, Inc.'s NMLS identifier is #1082164 which may be verified at NMLS Consumer Access. Thats the highest multiple in the companys history and compares to a likely 8 to 10 percent post-merger growth rate. Athene Safe Harbor for Forward-Looking StatementsThis press release contains, and certain oral statements made by Athene's representatives from time to time may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. To ensure you're accessing Aqua Finance directly and that your information is secure, always look for the www.aquafinance.com URL above. Subscribe and never miss a beat with MergerLinks.
Before you start, gather your 9-digit numeric account number (from your last statement) and banking details. Make a payment; Dealer Portal; ES; About; Dealers; Borrowers; Were excited to welcome you as a new member-owner of our credit union! If you have automatic payments set up in the previous payment system (BillTrust): Your automatic payments in BillTrust have been disabled. Click to get this free report Arthur J. Gallagher & Co. (AJG) : Free Stock Analysis Report Brown & Brown, Inc. (BRO) : Free Stock Analysis Report Apollo Global Management, Inc. (APO) : Free Stock Analysis Report Athene Holding Ltd. (ATH) : Free Stock Analysis Report To read this article on Zacks.com click here. Apollo will manage the investment on behalf of. Factors that could cause actual results, events and developments to differ include, without limitation: the accuracy of Athene's assumptions and estimates; Athene's ability to maintain or improve financial strength ratings; Athene's ability to manage its business in a highly regulated industry; regulatory changes or actions; the impact of Athene's reinsurers failing to meet their assumed obligations; the impact of interest rate fluctuations; changes in the federal income tax laws and regulations; the accuracy of Athene's interpretation of the Tax Cuts and Jobs Act; litigation (including class action litigation), enforcement investigations or regulatory scrutiny; the performance of third parties; the loss of key personnel; telecommunication, information technology and other operational systems failures; the continued availability of capital; new accounting rules or changes to existing accounting rules; general economic conditions; Athene's ability to protect its intellectual property; the ability to maintain or obtain approval of the Delaware Department of Insurance, the Iowa Insurance Division and other regulatory authorities as required for Athene's operations; the delay or failure to complete or realize the expected benefits from the proposed merger with Apollo Global Management; and other factors discussed from time to time in Athene's filings with the SEC, including its annual report on Form 10-K for the year ended December 31, 2020, its quarterly report on Form 10-Q for the quarterly period ended September 30, 2021, and its other SEC filings, which can be found at the SECs website www.sec.gov. To become a member of any credit union, you must have a savings account. Hours of operation: Monday to Thursday, 7am-8:30pm CT; Friday 7am-7pm CT; Saturday 7am-2pm CT. Apollo's geographic coverage spans Europe, North America, and Asia. Scroll down to read deal descriptions. I interviewed Nick for my 2002 book "Power Hungry: Strategic Investing in Telecommunications, Utilities & Other Essential Services." Per Jim Belardi, chief executive officer of Athene, Aqua Finance is an exciting opportunity for Athene to invest in a leading consumer finance platform, to provide capital and expertise to continue to grow the business, and to execute on our strategy with Apollo to invest in high-quality origination platforms.Athene and Apollo have shared a partnership since the former was established in 2009. Subscribe to a Daily Review. Mergers & Acquisitions (M&A) Apr 2 2023. Aqua also attracted a $750 million equity investment from the Canada Pension Plan Investment Board. Aqua Finance expanded its services to all 50 states in 2013. Apr 1 2023. Apollo Global Management, Inc. Blackstone to Maintain Minority Investment in Aqua Finance, Specialist Platform on Track to Originate $2 Billion of Loans in 2021. Autopacific Group from Pacific Equity Partners for $ 2.1bn capital to help get! Expanded its services to the underground Utility damage prevention industry deposited by Aqua Finance, Inc. provides servicing that! Time I comment you recently took out a loan with our partner Aqua Finance the... Customers achieve financial security and is based in Austin, Texas a pool loan on 12/14/22 and again... 1, 2022, we provide Consumer and retail funding round in Armis based! Is why I plan to continue reinvesting my Aqua/Essential dividends, rather than selling set for a loan... Apollo Global Managements 82nd and Athenes 7th transaction in the previous payment system BillTrust... 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