M&A Deal Summary

Apollo Global Management Acquires The Travel Corp

On July 16, 2024, asset manager Apollo Global Management acquired leisure company The Travel Corp

Acquisition Highlights
  • This is Apollo Global Management’s 4th transaction in the Leisure sector.
  • This is Apollo Global Management’s 99th transaction in the United States.
  • This is Apollo Global Management’s 15th transaction in California.

M&A Deal Summary
Date 2024-07-16
Target The Travel Corp
Sector Leisure
Buyer(s) Apollo Global Management
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Zaoui & Co. (Financial)
Skadden, Arps, Slate, Meagher & Flom (Legal)

Target

The Travel Corp

Cypress, California, United States
The Travel Corp is a global portfolio of 18 travel brands including Trafalgar, Uniworld Boutique River Cruises, Insight Vacations, Contiki, and Brendan Vacations. The Travel Corp is based in Cypress, California.

Search 197,704 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Apollo Global Management

New York, New York, United States

Investor Investor Investor Investor Investor

Category Asset Manager
Founded 1990
PE ASSETS 45.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Apollo Global Management is a global alternative investment firm. The Firm segments its activity between private equity, capital markets, real estate, and publicly traded investment funds. Within private equity, Apollo targets traditional buyouts, distressed situations, as well as minority investments to help companies make acquisitions or fund other needs. Sectors of interest include chemicals, commodities, consumer/retail, distribution, transportation, financial services, business services, manufacturing, industrial, media/cable/leisure, packaging, and satellite/wireless. Apollo's geographic coverage spans Europe, North America, and Asia. 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.

DEAL STATS #
Overall 135 of 137
Sector (Leisure) 4 of 4
Type (Buyout (LBO, MBO, MBI)) 17 of 17
State (California) 15 of 15
Country (United States) 99 of 99
Year (2024) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-26 U.S. Silica

Katy, Texas, United States

U.S. Silica is a producer of commercial silica sand provider with a focus on performance materials that are essential to modern living. U.S. Silica was founded in 2008 and is based in Katy, Texas.

Buy $1.9B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-22 Tops

Midland, Texas, United States

Tops is a provider of contract gas compression services for the Permian Basin. TOPS specializes in lower emission, electrically driven compression for gas lift, and other applications. TOPS’ natural gas compressors feature industry-leading technology allowing for complete remote monitoring of all operating conditions. These features ensure industry-leading up-time and transparency, and a compressor package is built to take advantage of the latest automation enhancements. Tops is based in Midland, Texas.

Sell -
Mergr

Product

Company

Legal