M&A Deal Summary |
|
|---|---|
| Date | 2023-02-06 |
| Target | Nova KBM |
| Sector | Financial Services |
| Buyer(s) | OTP Bank |
| Sellers(s) | Apollo Global Management |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1949 |
| Sector | Financial Services |
| Employees | 40,241 |
| Revenue | 2.71T HUF (2024) |
OTP Bank provides commercial banking services to individuals, municipalities, corporations, and enterprises. The company offers retail banking services, including account management and forint account packages; debit cards; internet and mobile banking; and deposits and securities accounts. OTP Bank was founded in 1949 and is based in Budapest, Hungary.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| Country: Slovenia M&A | 1 of 1 |
| Year: 2023 M&A | 1 of 1 |
| Category | Asset Manager |
|---|---|
| Founded | 1990 |
| PE ASSETS | 72.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
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 | 65 of 77 |
| Sector: Financial Services M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 19 of 25 |
| Country: Slovenia M&A | 1 of 1 |
| Year: 2023 M&A | 1 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-01-31 |
Western Digital
San Jose, California, United States Western Digital is a developer and manufacturer of storage products that enable people to create, manage, experience and preserve digital content. The Company designs and makes storage devices, networking equipment and home entertainment products under the WD, HGST and G-Technology brands. Western Digital was formed in 1970 and is based in San Jose, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-02-16 |
Blume Global
Pleasanton, California, United States Blume Global is a developer of software package connects asset owners and their users by hosting real time capacity from several major equipment programs spanning 120+ markets in North America. Blume Global was founded in 1994 and is based in Pleasanton, California. |
Sell | $414M |
