Apollo

The Apollo Group is a leading provider of full-service hospitality management services to the cruise industry. Over its 55+ year history, Apollo has established itself as the supplier-of-choice for turnkey hospitality services including crew management, food services, food and beverage distribution, end-to-end procurement and logistics and other related services. The company serves a global, blue-chip customer base of leading cruise lines and other maritime vessels.

HAS BEEN RECAPITALIZED BY

Hospitality Services & Distribution

Situation

BlackArch was retained by Apollo to serve as the company’s exclusive financial advisor.

BlackArch’s Customized Solution

The transaction builds upon BlackArch’s expertise in advising market-leading business services platforms. It also reinforces BlackArch’s reputation as a trusted advisor to family-owned businesses that deserve superior outcomes and tailored solutions for management and shareholders.

Outcome

Apollo was recapitalized by Oaktree Capital Management, who plans to help accelerate management’s vision for long-term growth. Apollo’s management team is excited to work alongside Oaktree and will continue to lead the business.

Industries:

Business Services, Distribution, Food & Beverage

Location:

Miami, FL

Transaction type:

Sellside Advisory