Apollo Strategic Growth Capital
APSG-UN
New York Stock Exchange7.73
USD
- -
- -
CIK
0001820872
Return %
Stock
S&P500
1Y
- -
18.21
3Y
- -
63.29
5Y
- -
74.90
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Scott M. Kleinman
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 9 West 57th Street New York City NY United States of America 10019
- IPO Date
- Oct 2, 2020
- CIK
- 0001820872
- Similar Companies
- Business
- Apollo Strategic Growth Capital (NYSE:APSG-UN), a blank-check company sponsored by Apollo Global Management, Inc., focuses on effecting mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with growth-oriented businesses. The Cayman Islands-incorporated firm, founded in 2008 and headquartered in New York, offers public market access backed by Apollo's expertise in private equity, credit, and real assets; it targets companies with strong fundamentals, market leadership, and scalable models in sectors with favorable tailwinds. APSG provides capital deployment advantages through its substantial trust size, operational support via Apollo's Portfolio Performance Solutions team, and sourcing from Apollo's global network across integrated business segments. Core offerings center on a single-purpose SPAC structure, including redeemable equity units (each comprising one Class A ordinary share and one-fourth of a warrant exercisable at $11.50), PIPE financing facilitation, and post-combination governance led by Apollo executives such as Executive Chairman Scott Kleinman and CEO Sanjay Patel. In 2022, APSG completed a definitive reverse merger with American Express Global Business Travel (GBT JerseyCo Limited), creating the world's largest publicly traded B2B travel platform listed as GBTG on the NYSE; the $5.3 billion transaction included $335 million in PIPE investments from Ares Management, Sabre, Zoom, and others, with closure on May 27 following shareholder approval. This strategic combination marked APSG's principal activity realization, leveraging Apollo's platform for GBT's public debut amid business travel recovery.
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