• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Apollo Funds Complete Acquisition of Majority Stake in Novolex

    4/13/22 4:15:00 PM ET
    $APO
    $BCS
    $CG
    $CS
    Investment Managers
    Finance
    Commercial Banks
    Finance
    Get the next $APO alert in real time by email

    NEW YORK, April 13, 2022 (GLOBE NEWSWIRE) -- Apollo (NYSE:APO) today announced that funds managed by Apollo affiliates (the "Apollo Funds") have completed the acquisition of a majority stake in Novolex Holdings LLC ("Novolex" or the "Company"), a leading global manufacturer of diverse and sustainable packaging products for the foodservice, delivery and carryout, food processor and industrial markets, from funds managed by Carlyle (NASDAQ:CG). Carlyle will retain a minority stake in the Company.

    The financing for the acquisition includes the largest-ever sustainability-linked loan issued to date. Additional financial terms of the transaction were not disclosed.

    Stan Bikulege, Novolex Chairman and CEO, said, "Partnering with Apollo is a milestone for the entire Novolex family. Our organizations share values and a vision for the future of the packaging industry, offering our customers choice, innovation and sustainability to support the circular economy. Our ability to access sustainability-linked financing reflects our ongoing commitment to advance a range of ESG initiatives."

    Rob Seminara, Partner at Apollo, said, "We are pleased to have completed our investment in Novolex and are excited to partner to drive innovation and growth. Our shared commitment to driving a more sustainable future was integral to our investment in Novolex, and we look forward to working together to realize the Company's growth strategy, while further strengthening its blue-chip customer base and suite of food packaging products."

    "Carlyle has been proud to be a part of the Novolex story," said Wes Bieligk, Managing Director at Carlyle. "The company's tremendous growth has been fueled by innovation and a commitment to sustainable operations and new product introductions. We look forward to continuing our relationship with Novolex in the years to come."

    Deutsche Bank (NYSE:DB), Evercore (NYSE:EVR), and Barclays (NYSE:BCS) acted as financial advisors and Paul, Weiss, Rifkind, Wharton & Garrison LLP served as counsel to the Apollo Funds.

    Credit Suisse Group (NYSE:CS) and Goldman Sachs & Co. LLC. (NYSE:GS) acted as financial advisors and Latham & Watkins LLP and Nelson Mullins Riley & Scarborough LLP served as counsel to Novolex.

    About Apollo

    Apollo is a global, high-growth alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three business strategies: yield, hybrid, and equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of December 31, 2021, Apollo had approximately $498 billion of assets under management. To learn more, please visit www.apollo.com.

    About Novolex

    Novolex develops and manufactures diverse packaging products for multiple industries in the foodservice, delivery and carryout, food processor and industrial markets that touch nearly every aspect of daily life. The Novolex family of brands provides customers with innovative food and delivery packaging and performance solutions products for their business needs today while investing in research and development to engineer more sustainable choices for the future. With more than 10,000 employee families, Novolex operates 57 manufacturing facilities in North America and Europe, including two world-class plastic film recycling centers. To learn more about Novolex visit www.novolex.com.

    Contact Information:

    Apollo

    For Investors:

    Noah Gunn

    Global Head of Investor Relations

    (212) 822-0540

    [email protected]

    For Media:

    Joanna Rose

    Global Head of Corporate Communications

    (212) 822-0491

    [email protected]

    Novolex

    For Media:

    Phil Rozenski

    1-800-845-6051

    [email protected] 



    Primary Logo

    Get the next $APO alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $APO
    $BCS
    $CG
    $CS

    CompanyDatePrice TargetRatingAnalyst
    Deutsche Bank AG
    $DB
    8/27/2025Buy → Neutral
    Goldman
    Deutsche Bank AG
    $DB
    7/25/2025Neutral → Sell
    Citigroup
    Barclays PLC
    $BCS
    7/18/2025Buy → Neutral
    Citigroup
    Goldman Sachs Group Inc.
    $GS
    7/14/2025Mkt Outperform → Mkt Perform
    Citizens JMP
    Evercore Inc.
    $EVR
    7/14/2025Mkt Outperform → Mkt Perform
    Citizens JMP
    The Carlyle Group Inc.
    $CG
    7/10/2025$65.00Neutral → Buy
    Citigroup
    Goldman Sachs Group Inc.
    $GS
    7/8/2025$627.00Hold → Reduce
    HSBC Securities
    Evercore Inc.
    $EVR
    6/23/2025$312.00Equal-Weight → Overweight
    Morgan Stanley
    More analyst ratings

    $APO
    $BCS
    $CG
    $CS
    SEC Filings

    View All

    SEC Form FWP filed by Goldman Sachs Group Inc.

    FWP - GOLDMAN SACHS GROUP INC (0000886982) (Subject)

    9/29/25 11:09:25 AM ET
    $GS
    Investment Bankers/Brokers/Service
    Finance

    SEC Form FWP filed by Goldman Sachs Group Inc.

    FWP - GOLDMAN SACHS GROUP INC (0000886982) (Subject)

    9/26/25 3:42:22 PM ET
    $GS
    Investment Bankers/Brokers/Service
    Finance

    SEC Form FWP filed by Goldman Sachs Group Inc.

    FWP - GOLDMAN SACHS GROUP INC (0000886982) (Subject)

    9/26/25 3:24:56 PM ET
    $GS
    Investment Bankers/Brokers/Service
    Finance

    $APO
    $BCS
    $CG
    $CS
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    $APO
    $BCS
    $CG
    $CS
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    $APO
    $BCS
    $CG
    $CS
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    View All

    $APO
    $BCS
    $CG
    $CS
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Resonetics® Acquires Eden Holdings, Adding Injection Molding to its Capabilities

    Acquisition adds precision micro-molding, insert molding, and advanced machining and tooling to Resonetics' portfolio of precision manufacturing capabilities. NASHUA, N.H., Sept. 29, 2025 /PRNewswire/ -- Resonetics announced today that it has acquired Eden Holdings (Eden), comprising both Eden Manufacturing and Eden Tool, a precision manufacturer specializing in injection molding and micro machining solutions for critical medical devices. The acquisition adds micro-molding, insert-molding, and advanced machining and tooling, complementing Resonetics' established metal processing capabilities, while also expanding the Swiss machining and EDM machining offerings. These additions enhance Resone

    9/29/25 8:00:00 AM ET
    $CG
    Investment Managers
    Finance

    Apollo Announces Launch of Apollo Sports Capital

    NEW YORK, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced the launch of Apollo Sports Capital (ASC), a new investment business providing capital solutions across the global sports and live events ecosystem. Al Tylis, a seasoned sports investor and executive has been named Chief Executive Officer of ASC. Apollo Partners Rob Givone and Lee Solomon have been named co-portfolio managers of the platform. Sam Porter has been named Chief Strategy Officer for ASC. ASC will invest predominantly in credit and hybrid opportunities in the sports landscape, spanning franchises, leagues, venues, media, events and more. The permanent capital holding company is designed to be a stab

    9/29/25 8:00:00 AM ET
    $APO
    Investment Managers
    Finance

    Athene Announces Block Reinsurance Transaction with Sony Life in Japan

    Transaction marks Athene's second block reinsurance transaction and eighth transaction with Japanese insurers since entering the market five years ago Athene crosses $19 billion of reinsurance transaction volume with Japanese cedants, driven by balance sheet strength, growth capital and alignment with Apollo WEST DES MOINES, Iowa, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Athene, the leading retirement services company and subsidiary of Apollo Global Management, Inc. (NYSE: APO), has announced that it intends to enter a block reinsurance transaction with Sony Life Insurance Co. Ltd. ("Sony Life"), a top-rated Japanese insurer. As part of this transaction, Athene will reinsure an in-force bloc

    9/29/25 7:00:09 AM ET
    $APO
    Investment Managers
    Finance

    Deutsche Bank downgraded by Goldman

    Goldman downgraded Deutsche Bank from Buy to Neutral

    8/27/25 8:18:54 AM ET
    $DB
    Major Banks
    Finance

    Deutsche Bank downgraded by Citigroup

    Citigroup downgraded Deutsche Bank from Neutral to Sell

    7/25/25 8:58:11 AM ET
    $DB
    Major Banks
    Finance

    Barclays PLC downgraded by Citigroup

    Citigroup downgraded Barclays PLC from Buy to Neutral

    7/18/25 8:06:51 AM ET
    $BCS
    Commercial Banks
    Finance

    Director Hess John B bought $1,997,584 worth of shares (3,904 units at $511.68) (SEC Form 4)

    4 - GOLDMAN SACHS GROUP INC (0000886982) (Issuer)

    4/17/25 4:06:04 PM ET
    $GS
    Investment Bankers/Brokers/Service
    Finance

    Director Johnson Kevin R bought $1,485,648 worth of shares (2,400 units at $619.02) (SEC Form 4)

    4 - GOLDMAN SACHS GROUP INC (0000886982) (Issuer)

    1/21/25 4:55:51 PM ET
    $GS
    Investment Bankers/Brokers/Service
    Finance

    Director Flaherty Mark A. bought $29,545 worth of shares (82 units at $358.75) (SEC Form 4)

    4 - GOLDMAN SACHS GROUP INC (0000886982) (Issuer)

    10/9/24 4:12:58 PM ET
    $GS
    Investment Bankers/Brokers/Service
    Finance

    Director Harris Gail Block gifted 33 units of Shares of Class A common stock, decreasing direct ownership by 0.08% to 39,787 units (SEC Form 4)

    4 - Evercore Inc. (0001360901) (Issuer)

    9/9/25 5:02:44 PM ET
    $EVR
    Investment Managers
    Finance

    Director Conway William E Jr gifted 2,000,000 shares, decreasing direct ownership by 7% to 26,999,644 units (SEC Form 4)

    4 - Carlyle Group Inc. (0001527166) (Issuer)

    9/5/25 5:05:14 PM ET
    $CG
    Investment Managers
    Finance

    Chief Operating Officer Lobue Lindsay was granted 496 shares, increasing direct ownership by 0.10% to 476,225 units (SEC Form 4)

    4 - Carlyle Group Inc. (0001527166) (Issuer)

    8/29/25 4:55:04 PM ET
    $CG
    Investment Managers
    Finance

    $APO
    $BCS
    $CG
    $CS
    Financials

    Live finance-specific insights

    View All

    Resonetics® Acquires Eden Holdings, Adding Injection Molding to its Capabilities

    Acquisition adds precision micro-molding, insert molding, and advanced machining and tooling to Resonetics' portfolio of precision manufacturing capabilities. NASHUA, N.H., Sept. 29, 2025 /PRNewswire/ -- Resonetics announced today that it has acquired Eden Holdings (Eden), comprising both Eden Manufacturing and Eden Tool, a precision manufacturer specializing in injection molding and micro machining solutions for critical medical devices. The acquisition adds micro-molding, insert-molding, and advanced machining and tooling, complementing Resonetics' established metal processing capabilities, while also expanding the Swiss machining and EDM machining offerings. These additions enhance Resone

    9/29/25 8:00:00 AM ET
    $CG
    Investment Managers
    Finance

    GridStor Acquires Arizona Battery Energy Storage Project From Strata Clean Energy

    100 MW / 400 MWh White Tank project will help Arizona Public Service meet rising power demand and maintain grid reliability GridStor, a developer and operator of utility-scale battery energy storage systems, announced today that it has acquired the 100 MW / 400 MWh White Tank battery storage project in Arizona from Strata Clean Energy. The project will be operated via a 20-year tolling agreement with Arizona Public Service (APS), the state's largest electric utility serving approximately 1.4 million homes and businesses. The project is sited in Maricopa County and is expected to be placed in service in the first half of 2027. Strata will continue to serve in a consultative role for the

    9/18/25 9:00:00 AM ET
    $GS
    Investment Bankers/Brokers/Service
    Finance

    Carlyle Prices $800 Million Senior Notes Offering

    WASHINGTON, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Global investment firm Carlyle (NASDAQ:CG) priced its offering of $800 million aggregate principal amount of 5.050% senior notes due 2035. The notes will be fully and unconditionally guaranteed by Carlyle's indirect subsidiaries Carlyle Holdings I L.P., Carlyle Holdings II L.L.C., Carlyle Holdings III L.P., and CG Subsidiary Holdings L.L.C. The offering is expected to close on September 19, 2025, subject to customary closing conditions. Carlyle intends to use the net proceeds from the sale of the notes for general corporate purposes. Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC

    9/16/25 4:56:00 PM ET
    $CG
    Investment Managers
    Finance

    $APO
    $BCS
    $CG
    $CS
    Leadership Updates

    Live Leadership Updates

    View All

    New Medicaid Alliance to Tackle AI Safety and Standards Across States

    MCLEAN, Va., Sept. 09, 2025 (GLOBE NEWSWIRE) -- Acentra Health, a technology and health solutions and services company dedicated to accelerating better health outcomes for its clients and the populations they serve, today announced the launch of the Safe AI in Medicaid Alliance (SAMA), a collaborative initiative uniting Medicaid leaders, policy experts, and technology innovators to develop safe and responsible Medicaid-focused frameworks for artificial intelligence (AI) adoption and use. Created with input and participation from the Washington State Health Care Authority (HCA), the Arizona Health Care Cost Containment System (AHCCCS), Amazon Web Services (AWS), McKinsey & Co., Arcadia, an

    9/9/25 9:33:00 AM ET
    $CG
    Investment Managers
    Finance

    Insurtech Leader Ethos Adds Industry Veteran William Wheeler to Board of Directors

    AUSTIN, Texas, July 30, 2025 (GLOBE NEWSWIRE) -- Ethos, a leading life insurance technology company on a mission to democratize access to life insurance, today announced the appointment of William J. Wheeler to its Board of Directors. Mr. Wheeler, a seasoned executive with deep expertise across insurance, retirement services, and investment banking, joins Ethos' distinguished board, further strengthening Ethos' governance and strategic guidance as the company continues its rapid growth and innovation. Mr. Wheeler brings more than three decades of leadership experience in the financial services industry. He most recently served as Vice Chairman of Athene Holding Ltd. (NYSE:ATH), a leadin

    7/30/25 11:00:00 AM ET
    $EVR
    $LIFE
    $ATH
    Investment Managers
    Finance
    Biotechnology: Biological Products (No Diagnostic Substances)
    Health Care

    Luigi de Vecchi to Join Evercore's European Advisory Practice as Firm Continues to Build in Europe

    Evercore (NYSE:EVR) announced today that Luigi de Vecchi will be joining the firm in September 2025 as senior managing director and chairman of its continental European advisory business. He will be based in Milan, Italy, where Evercore is in the process of opening an office. Mr. de Vecchi brings over 35 years of investment banking experience to Evercore and has advised on some of Europe and Italy's largest and most high-profile transactions. At Evercore, he will spearhead the buildout of the firm's presence in Italy, and Europe more broadly. He will work in close partnership with Evercore's existing team in Paris, focusing on the firm's large European and global strategic clients. "I a

    7/25/25 3:00:00 AM ET
    $EVR
    Investment Managers
    Finance

    $APO
    $BCS
    $CG
    $CS
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    Amendment: SEC Form SC 13D/A filed by The Carlyle Group Inc.

    SC 13D/A - Carlyle Group Inc. (0001527166) (Subject)

    11/15/24 5:22:29 PM ET
    $CG
    Investment Managers
    Finance

    Amendment: SEC Form SC 13G/A filed by Goldman Sachs Group Inc.

    SC 13G/A - GOLDMAN SACHS GROUP INC (0000886982) (Filed by)

    11/8/24 5:34:28 PM ET
    $GS
    Investment Bankers/Brokers/Service
    Finance

    Amendment: SEC Form SC 13G/A filed by Goldman Sachs Group Inc.

    SC 13G/A - GOLDMAN SACHS GROUP INC (0000886982) (Filed by)

    11/5/24 6:23:11 PM ET
    $GS
    Investment Bankers/Brokers/Service
    Finance