Investigation Launched Into Apollo’s Acquisition of Bridge Investment Group

Categories: Louisiana Business NewsLouisiana NewsLouisiana Real Estate

An artistic depiction of the financial investigation related to the acquisition of Bridge Investment Group.

News Summary

Former Louisiana Attorney General Charles C. Foti, Jr. and Kahn Swick & Foti, LLC are investigating the proposed $1.5 billion acquisition of Bridge Investment Group by Apollo Global Management. The inquiry focuses on whether the deal’s terms adequately reflect Bridge’s true value and if stakeholders are being treated fairly. The transaction has led to a surge in Bridge’s share price, and both KSF and Kaskela Law LLC are urging affected parties to seek consultation regarding their rights. The acquisition is expected to complete in the third quarter of 2025.

New Orleans, Louisiana – Former Attorney General of Louisiana, Charles C. Foti, Jr., along with Kahn Swick & Foti, LLC (KSF), has launched an investigation into the proposed acquisition of Bridge Investment Group Holdings Inc. (NYSE: BRDG) by Apollo Global Management, Inc. (NYSE: APO). This investigation seeks to determine if the terms of the sale are adequate and whether the proposed deal undervalues Bridge and its operations.

The transaction was announced on February 24, 2025, and outlines that Bridge shareholders and Bridge OpCo unitholders will receive 0.07081 shares of Apollo stock for each share of Bridge Class A common stock and each Bridge OpCo Class A common unit at the closing of the deal. The agreed-upon value for this share exchange is approximately $11.50 per share of Bridge Class A common stock and Bridge OpCo Class A common unit.

As a result of the acquisition announcement, Bridge shares experienced a significant surge, climbing 35% immediately following the news. The acquisition, valued at $1.5 billion, is anticipated to augment Apollo’s capabilities in real estate equity and credit. It has been confirmed that Bridge will continue its operations as a standalone platform within Apollo’s asset management business, retaining its existing brand and management team post-acquisition.

KSF is actively assessing whether the transaction terms, particularly the share exchange ratio, reflect the true value of Bridge’s assets and operations or if they present an unfair evaluation. The firm encourages interested parties who believe they are affected by the potential undervaluation of the company to reach out for a consultation at no cost. Interested individuals can contact KSF’s Managing Partner Lewis S. Kahn via email at lewis.kahn@ksfcounsel.com or through a toll-free number at 855-768-1857 for inquiries and further information on the investigation.

In related developments, Kaskela Law LLC is also investigating the fairness of the proposed buyout of Bridge. They highlight concerns regarding whether the consideration being provided to Bridge shareholders is sufficient and if the company’s officers and directors may be in breach of their fiduciary duties or securities laws during the transaction process.

The anticipated timeline for the completion of the acquisition is expected to be during the third quarter of 2025. As a result of this impending transaction, Bridge has also decided to cancel its upcoming fourth-quarter earnings call, indicating a shift in focus toward the finalize negotiations with Apollo.

With the completion of this investigation, KSF aims to ensure that all shareholders and unitholders have a fair understanding of their rights and the implications of the acquisition. Ensuring a transparent process is paramount as the future of Bridge and its stakeholders is at stake following this significant corporate change.