Acquiring Company
Apollo
Acquired Company
Diameter
VancouverLendingFinanceFinancial ServicesDescription
Apollo (NYSE: APO) and Diameter Capital Partners LP (Diameter) today announced that funds managed by Apollo, including an affiliate of Redding Ridge, have acquired an approximate 5% equity interest in Diameter, a New York-based alternative asset manager focused on global credit markets. The investment will support the continued evolution of Diameter’s alternative credit platform, with a specific focus on expansion into direct lending and European credit.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed