aqua finance merger
First Onsite Property Restoration completed the acquisition of Kauai Restoration & Cleaning. Tamas Mir is a Senior VP, Business Analytics & Pricing at Aqua Finance based in Wausau, Wisconsin. Click here to access the New Mexico Informational Brochure for Consumers including important information about terms and definitions in credit transactions as required by New Mexico law. Aqua Metals, Inc. (AQMS) Stock Forum & Discussion - Yahoo Finance Finance Home Watchlists My Portfolio Crypto Yahoo Finance Plus News Screeners Markets Videos Personal Finance Industries. Index Ventures and ICONIQ led a $190m Series C round in Motorway. Our patient, creative, 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. Lundin Energy considers possible sale or merge. The Firm's investment activities span real estate, secondary investments, hedge funds, credit, infrastructure, and private equity. This is Apollo Global Managements 82nd and Athenes 7th transaction in the United States. Click to get this free report Arthur J. Gallagher & Co. (AJG) : Free Stock Analysis Report Brown & Brown, Inc. (BRO) : Free Stock Analysis Report Apollo Global Management, Inc. (APO) : Free Stock Analysis Report Athene Holding Ltd. (ATH) : Free Stock Analysis Report To read this article on Zacks.com click here. Its an easier way to make your payments and see your account information. Payments can be made online, over the phone, by mail, or at a branch. Through this transaction, the new investor group expects to invest in new technology and innovation to further enhance the merchant customer experience and drive expansion of the network with new and existing partners. And Im convinced as ever that my initial bullish observations will prove accurate. For Apollo and Athene, Aqua is highly complementary to our portfolio of diversified origination platforms, extending our access to quality consumer loan flow., Menes Chee, a Senior Managing Director at Blackstone, and C. C. Melvin Ike, a Principal at Blackstone, said, We are pleased to have backed Aqua, Rich, and his management team as they built a strong financial technology platform serving customers across the country. The company's financial sponsor support through meaningful equity funding of acquisitions helps to somewhat mitigate the integration, leverage and cash flow risks of the transactions, and the. Athene's $1B Aqua Finance buy evokes a bygone era but furthers a modern strategy, According to Market Intelligence, April 2023, Insight Weekly: Labor market in focus; operating costs rise; pension funds miss PE targets, Banking Essentials Newsletter: 5th April Edition. For Athene, which has already attained access to a diverse array of origination capabilities in large measure due to its relationship with Apollo Global Management Inc., the addition of Aqua Finance promises not only an additional supply of high-quality investable assets but also greater diversification by underlying borrower types. (FS) Athene and Apollo to acquire a majority stake in Aqua Finance from Blackstone at a $1bn valuation. esgSubNav, Discover more about S&P Globals offerings, Global Credit and Risk Symposium: Unlocking Possibilities, JW Marriott Sao Paulo Av. 20-22 Wenlock Road London N1, 7GU England. https://www.aquafinance.com/faq/customers/, You are welcome to make a payment over the phone. Learn about how to pay your bill, how to set up auto payment, how to cancel account and contact customer support for aquafinance bill pay by using the official links that we have provided below. Apollo Global Management is a global alternative investment firm. Its five-year target for originations from those platforms is $60 billion or more, according to an October presentation. Project. In the next few days, however, it will complete its most transforming deal yet: The all-cash $4.28 billion purchase of natural gas distribution utility Peoples Gas, which serves roughly 740,000 homes and businesses in western Pennsylvania, West Virginia and Kentucky. But rather than a means to cross-sell indexed annuities to consumers borrowing funds to pay for kitchen remodeling or vice versa, the pairing of Athene and Aqua Finance offers a further boost to the acquirer's already significant access to differentiated investments. Founded in 2009, Athene is Driven to Do More for our policyholders, business partners, shareholders, and the communities in which we work and live. JP Morgan to back KKR's $51bn financing in TIM deal. From those experiences, he perceived the opportunity for water utilities like Philadelphia Suburban to profitably consolidate their wildly fragmented sector. Aqua Finance, has a proud tradition in the consumer finance industry for over 30 years and has become one of the largest indirect finance companies in the US. All rights reserved. Apollo, which will manage Aqua Finance and is in the process of acquiring the shares of Athene that it does not already own, boasts an annual run-rate of about $25 billion in originations from its direct consumer and commercial finance platforms. Of that amount, $8.06 billion pertained to securitizations of unaffiliated assets where Apollo is the manager and $2.34 billion involved strategic investments in the Apollo direct origination platforms. Within your financing agreement, you authorized your Connexus membership. That $5 was deposited by Aqua Finance to help you get started as a Connexus Credit Union member. Make a payment to Aqua Finance with our Payment Portal Skip to main content Please be aware that websites may be impersonating Aqua Finance. Our goal is to ensure our dealers and borrowers achieve their dreams Just add Aqua to experience the difference of working with a company that cares about outcomes. (Financial Sponsors), Innovid went public via a SPAC merger with ION Acquisition 2 in a $1.3bn deal. The largest portion, $12.44 billion, was linked to Apollo-backed variable annuity reinsurer Venerable Holdings Inc. Investments linked to parents, subsidiaries and/or affiliates acquired by the general accounts of Athene's U.S. insurance companies during the third quarter included securities tied to MidCap and PK AirFinance, tranches of securitizations from OneMain Holdings Inc., a consumer finance company in which Apollo holds a minority stake, and Redding Ridge CLOs. S&P Global Market Intelligence estimates that U.S. property and casualty and life insurers purchased in the primary and secondary markets $450.7 million in Aqua Finance paper between Nov. 17, 2017, and Sept. 30, 2021, including $105.9 million from the 2021-A transaction. Aqua Finance expanded its services to all 50 states in 2013. November 29, 2021 16:30 ET But at the end of the day, the deal closed without significant new conditions and after Peoples secured an amicable rate deal. Forward-looking statements within this press release include, but are not limited to, statements regarding future growth prospects and financial performance. The companys proposed DELCORA acquisition would be the largest water and wastewater deal in state history, if the Pennsylvania Public Utility Commission approves as expected. Early in the previous decade, that company shifted its strategy to focusing on growing its regulated electricity transmission and distribution rate base rather than adding nuclear generating capacity, acquiring the former Pepco Holdings in March 2016. Athene does not undertake any obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. To learn more, please visit www.apollo.com. My bank account was in the black until Aqua Finance caused this. Get clear, quick answers and a transparent approval process, so you know exactly how to successfully secure financing. BX. UK competition regulator tells Facebook owner Meta to sell GIF maker Giphy. (FS), Athene and Apollo to acquire a majority stake in Aqua Finance from Blackstone at a $1bn valuation. To become a member of any credit union, you must have a savings account. A translation of commonly used terms is available on the NYC Department of Consumer and Worker Protection website at nyc.gov/dca. IMPORTANT: The new Aqua Finance Payment Portal, PayNearMe, is now here! If youve arrived here from BillTrust, youve come to the right spot. Submit your proof of insurance. The Blackstone Group was formed in 1987 and is based in New York City. Franklins comments then have since proven equally on the mark, though developments have likely taken longer to unfold than he anticipated. 2023 Aqua Finance, Inc. All rights reserved. Aqua Finance, Inc.'s NMLS identifier is #1082164 which may be verified at NMLS Consumer Access. GUD Holdings to acquire AutoPacific Group from Pacific Equity Partners for $531m. This is Apollo Global Management's 33rd and Athene's 2nd largest (disclosed . The purchase will be immediately accretive to Aquas earnings, adding a gas distribution franchise with annual rate base growth of 8 to 10 percent for the next few years. (People). This Zacks Rank #2 (Buy) insurer expects that its inorganic growth channel will continue to be an important driver in the future.Given the insurance industrys adequate capital level, players like Arthur J. Gallagher & Co. AJG and Brown and Brown Inc. BRO are pursuing strategic mergers and acquisitions.Recently, Arthur J. Gallagher & Co. acquired Real Estate Insurance Solutions to consolidate its real estate portfolio. IRTH Solutions was founded 9in 1985 and is based in Columbus, Ohio. For residents of New York City, New York: Aqua Finance, Inc. provides servicing options that allow for verbal communication in Spanish. Aqua Finance, Inc. holds California Financing Law (CFL) License #6035421. Mergers & Acquisitions (M&A) Apr 2 2023. Petros PACE Finance LLC is a provider of low-cost, long-term commercial PACE financing, which allows commercial property owners to retrofit their buildings with renewable energy and energy efficient systems by borrowing money from a private lender and repaying the loan via a special assessment on their local property tax. Daily Review is our daily roundup of M&A news. Bolt completed the acquisition of Tipser. Two words: Extreme valuation. Just add Aqua. Aqua Finance is an exciting opportunity for Athene to invest in a leading consumer finance platform, to provide capital and expertise to continue to grow the business, and to execute on our strategy with Apollo to invest in high-quality origination platforms, said Jim Belardi, Chief Executive Officer of Athene. Novartis maintain an open attitude towards the future of Sandoz. Conseco Inc., a life and supplemental health insurer, memorably touted "extensive cross-marketing opportunities" when it agreed in April 1998 to acquire manufactured housing finance company Green Tree Financial Corp. in a stock deal initially valued at $7.35 billion. If it does not match, or if you have any questions or concerns, please call our Account Servicing Dept at 800-234-3663 option 4 ext 6091. Aqua Finance, Inc. Financial Services Wausau, WI 2,275 followers Aqua provides flexible financing programs to dealers, contractors, and retailers so families can realize their dreams. Ventia Services was founded in 2015 and is based in North Sydney, Australia. In the last decade, we&rsquo,ve expanded our reach to serve more markets including solar, marine, RV, medical and more. Ltd., automotive fleet manager Donlen Corp., real estate investment and advisory firm Net Lease Capital Advisors Inc., U.K.-based asset finance company Haydock Finance Ltd and, subject to pending acquisitions, U.S. nonagency residential mortgage lender Nexera Holding LLC, which does business as Newfi, and U.K.-based mortgage lender Paratus AMC Ltd., which does business as Foundation Home Loans. Wisconsin-based Aqua Finance is a fast-growing consumer lending platform, originating and servicing consumer loans primarily for home improvement and water treatment. Bermudian-based retirement services company Athene has agreed to acquire a controlling stake in the consumer-lending platform Aqua Finance in a deal valued at approximately $1 billion. Our $731 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. View all the payment options. This is Apollo Global Managements 1st and Athenes 1st transaction in Wisconsin. Additionally please clear both your browser's cache and cookies -. The real estate group will consider both equity and debt investments. In fact, its cheap compared to neighboring York Water (NSDQ: YORW) selling at 40 times. The strategic partnership helps Athene access APOs portfolio origination platform that provides ATH assets with better spreads. Such statements are subject to risks and uncertainties that could cause actual results, events and developments to differ materially from those set forth in, or implied by, such statements. That's the highest multiple in the company's history and. We do not have an automated system to take payments . And that includes plenty of utilities and essential service companies. I am proud of the significant progress we have made in establishing Aqua as an industry leader together with Blackstone and look forward to building on that strong foundation in the years ahead.. Athene and Apollo have agreed to merge, with the closing of the merger subject to approval by the shareholders in the two companies, the receipt of regulatory approvals and the satisfaction of other customary closing conditions. Blackstone's private equity real estate group looks for opportunities across North/South America, Asia, Australia/New Zealand, and Europe. The merger is expected to close in January. Aqua Finance, Inc. provides servicing and collection letters in Spanish. Please be aware that websites may be impersonating Aqua Finance. Since then, shares have appreciated by more than 50 percent. Sectors of interest include chemicals, commodities, consumer/retail, distribution, transportation, financial services, business services, manufacturing, industrial, media/cable/leisure, packaging, and satellite/wireless. Innovid went public via a SPAC merger with ION Acquisition 2 in a $1.3bn deal. Newfi Lending is a national mortgage lender reshaping the borrowing experience through a combination of proprietary technology and product innovation. Aqua Finance was formed in 1985 and is based in Wausau, Wisconsin. Pending the . The potential for sales-related synergies contributed to parent-subsidiary relationships between select life insurers and consumer finance companies decades ago. Saudi Tadawul's IPO price is at the top end of the range. This is Apollo Global Managements 34th and Athenes 2nd largest (disclosed) transaction. (FS). Ammonia . For residents of New York City, New York: Aqua Finance, Inc. provides servicing options that allow for verbal communication in Spanish. (FS) HashiCorp seeks $13bn valuation in IPO. The focus of my March 10, 2016 article "Water World: An Interview with Chris Franklin, CEO of Aqua America" was the latest phase of the companys M&A strategy: Acquiring municipally owned water and wastewater distribution systems. GB Group completed the acquisition of Acuant for $736m. Read All. You will notice your new Connexus share savings account currently has a balance of $5. If you'd like to contribute to the future editions,drop us a line. Published November 30, 2021 at 2:06 pm (Updated November 30, 2021 at 4:47 pm), 1. latest-news-headlines (FS). Ive mentioned Exelon Corp (EXC) before as a likely eventual suitor for Aqua. (FS), Temasek led a $100m financing round in Carro. "All options are open for us," Joerg Reinhardt, Novartis Chairman. You must be Registered or Signed in to post comment or to vote. Additionally, the company had cumulatively sold $3.7 billion of loans to third parties, including through a partnership with Wausau, Wis., neighbor Connexus CU. Aqua Finance is a Wisconsin-based specialist lending platform that originates and services consumer loans, primarily for home improvement and water treatment. AJGs merger and acquisition pipeline is quite strong with about $400 million revenues associated with nearly 50 term sheets either agreed upon or being prepared. Today, you can download 7 Best Stocks for the Next 30 Days. Because of this, it caused a NSF fee with my bank. If it does not match, or if you have any questions or concerns, please call our Account Servicing Dept at 800-234-3663 option 4 ext 6091. In fact, his insights are very much at the root of the success Ive had investing in water utilities the past two decades. The Company has strong and growing merchant relationships formed over 30 years. The average Aqua Finance hourly pay ranges from approximately $16 per hour for a Customer Service Representative to $17 per hour for an Account Representative. DNA Capital to acquire a 25% stake in Inspirali from Anima Holding for $179m. We believe the combination will accelerate growth through fully aligning both companies' respective strategies and employee incentives, while strengthening our combined capabilities as a capital solutions provider. The Apollo slide deck listed consumer finance among various "whitespace" opportunities as it pursues greater diversity by asset class and geography. Try For Free Data contained in an October Kroll Bond Rating Agency report showed that Aqua Finance had sponsored $1.92 billion in term securitizations, most recently the $759.5 million Aqua Finance Trust 2021-A. Key Apollo direct origination platforms include middle-market commercial finance company MidCap Financial LLC, specialized aircraft and aircraft engine lender PK AirFinance SA, collateralized loan obligation manager Redding Ridge Asset Management LLC, aircraft lessor Merx Aviation Finance LLC, Australia-based commercial real estate investment manager MaxCap Group Pty. 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Blackstone would also maintain a minority stake in the company. Following regulatory approval of the Peoples merger, Aqua shares surged to a price more than 35 times expected 2020 earnings per share. Riverbed was founded in 2002 and is based in San Francisco, California. So has the sharp reduction in Aquas cost of debt capital over the past year. Aqua Finance estimates originations to reach $2 billion in 2021.The addition of Aqua Finance will boost Apollos $80 billion annual run-rate of asset origination across commercial and consumer lending platforms. Apollo co-president Jim Zelter added: For more than three decades, Aqua has partnered with merchants to provide flexible consumer-lending solutions, and with Athene we look forward to investing in the business and supporting the Aqua team to build on this success. The Company has strong and growing merchant relationships formed over 30 years and has nearly doubled its annual loan originations since Blackstone first invested in 2018, with originations expected to reach $2 billion in 2021. For more information, please visit www.athene.com.About BlackstoneBlackstone is the worlds largest alternative investment firm. Regulated natural gas and water utility convergence, however, has a successful track record. As of September 30, 2021, Apollo had approximately $481 billion of assets under management. Harborside to acquire Urbn Leaf and Loudpack for c. $100m. (FS), Trilantic and Cornell Capital-backed Ingenovis Health to acquire HealthCare Support. Market Intelligence Utmost Group completed the acquisition of Quilter International for $665m. Blackstone would also maintain a minority stake in the Company. As Essential Utilities, it will start out with nearly 80 percent of rate base in Pennsylvania, where management has built one of the most constructive regulatory relationships of any utility in the country. Your suggestions and comments support the democratisation of M&A data. We look forward to continuing to support the business and its next phase of growth.. The Firm segments its activity between private equity, capital markets, real estate, and publicly traded investment funds. The merger did take somewhat longer to close than managements initial projection of "mid-2019." Nowadays, it has over 350,000 active customers, and the total portfolio exceeds $2.8B. Chatham Asset Management increased its offer for RR Donnelley to$10.25 per share in cash. Through our investment activity across our fully integrated platform, we serve the retirement income and financial return needs of our clients, and we offer innovative capital solutions to businesses. The company delivers a more efficient and transparent process resulting in lower costs and higher levels of customer satisfaction and trust. Active duty service members are eligible to apply for a loan via Aqua Finance Marine & RV Loans. Like the Aqua Finance deal, Foundation will be acquired by Athene under the terms of a July agreement and managed by Apollo post-closing. The average Aqua Finance hourly pay ranges from approximately $16 per hour for a Customer Service Representative to $17 per hour for an Account Representative. Exor's PartnerRe sale to free $10bn for investments. Learn more about our water treatment financing, Learn more about our home improvement financing, Learn more about our pool and spa financing, Learn more about our recreation financing. Future Aqua Finance securitizations could serve as one means of asset generation for Athene's investment portfolio, though the deal announcement did not include specifics in that respect. Contact us at [emailprotected] or call our Customer Support Under the terms of the transaction, Apollo will manage the investment on behalf of Athene. PayNearMe is Aquas new payment portal. Taking a comprehensive approach to how we assess each application, we find more ways to help approve more consumers for financing. Apollos portfolio of proprietary origination platforms help the firm to originate high-quality, recurring assets for its investors, including Athene. Want the latest recommendations from Zacks Investment Research? We require you to maintain insurance throughout the life of your loan. 2023 Connexus Credit Union. You can reach us by calling 800.845.5025, emailing info@connexuscu.org, or chatting with us at ConnexusCU.org. Make a payment; Dealer Portal; ES; About; Dealers; Borrowers; Legal Affairs. Microsofts Satya Nadella sells half of his shares in the company. We work with dealers and contractors to put owning a pool or hot tub within reach. Apollo Global Management and Athene Holding have signed an agreement to acquire a controlling stake in Aqua Finance for about $1 billion.The deal is expected to close in the first half of 2022. Subscribe to a Daily Review. Neither is the stock attractive for income now yielding just 1.85 percent. We obtained a softener system through aqua water finance this account was sold to Connexus credit Union On our credit report it states that the account was closed December 31st 2019 paid 100%. Aqua Finance, Inc.s NMLS identifier is #1082164 which may be verified at NMLS Consumer Access. It also will benefit from Apollo's management expertise in the specialty finance arena. Lazard and Goldman Sachs are serving as financial advisors and Weil Gotshal & Manges LLP as legal counsel to Blackstone and Aqua Finance. Riverbed is a provider of software for mobile computing applications services. To ensure you're accessing Aqua Finance directly and that your information is secure, always look for the www.aquafinance.com URL above. Athene Safe Harbor for Forward-Looking StatementsThis press release contains, and certain oral statements made by Athene's representatives from time to time may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Apollo Global Management, Inc. Blackstone to Maintain Minority Investment in Aqua Finance, Specialist Platform on Track to Originate $2 Billion of Loans in 2021. Check out our rates. Until then, you can set up loan payments with Aqua Finance. Saturday 7 am 2 pm CT. Now, as most recently demonstrated by Athene Holding Ltd.'s proposed acquisition of a majority stake in home improvement lender Aqua Finance Inc., investment synergies are at the root of a new sort of convergence. (FS). Learn more. Aqua Finance generated $1.36 billion in origination volume for the trailing-four-quarters ended March 31, 2020, prior to a COVID-19-related tightening of underwriting standards, according to the Kroll Bond Rating Agency report. Make a payment Dealer Portal ES About Dealers Borrowers Contact FAQs Careers EasyJets Share Price Climbs As FTSE 250 Airline Increases FY Earnings Guidance, Bing Could Cost Google $23 Billion In Search Revenue, Green Gold Rush: Investing In The Metals And Minerals Powering The EV And Solar Boom, Carrier Global Explores Strategic Alternatives For Its Fire And Safety Business Unit. Bluebell asked Glencore to separate its coal business. I called Aqua Finance and was advised that although funds were taken electronically, it would take 5-10 days to receive a . But its very difficult to see shares making real headway any time soon from these levels. Aqua Finance has. An undisclosed fund managed by The Blackstone Group Inc. (NYSE:BX) acquired 80% stake in Aqua Finance, Inc. on August 10, 2018. Hours of operation: Monday to Thursday, 7 am 8:30 pm CT; Friday 7 am 7 pm CT; Please allow at least 3 working days before the due date shown. Athene specializes in helping its customers achieve financial security and is a solutions provider to institutions. You can see the complete list of todays Zacks #1 Rank (Strong Buy) stocks here. Apollo's geographic coverage spans Europe, North America, and Asia. Roberto de Ocampo, who served as finance chief of . To ensure you're accessing Aqua Finance directly and that your information is secure, always look for the www.aquafinance.com URL above. Aqua Finance, Inc. provides servicing . Your loan payments will be made to Connexus. December 3, 2021 Martina Bellini. Aqua brings dreams to life From financing critical water filtration and purification systems to value-enhancing home improvements and fun escapes, we put dreams in motion. 2002 and is based in Columbus, Ohio that & # x27 ; s 2nd largest disclosed! Account information in the black until Aqua Finance in Aqua Finance your New Connexus share savings account has... In IPO were taken electronically, it would take 5-10 Days to receive a we look forward continuing. A news '' opportunities as it pursues greater diversity by asset class and geography ) HashiCorp seeks $ valuation... Cfl aqua finance merger License # 6035421 amp ; Pricing at Aqua Finance to you! Dna capital to acquire a 25 % aqua finance merger in the company & # x27 s... Dealers ; borrowers ; Legal Affairs assess each application, we find more ways to help approve more for... The potential for sales-related synergies contributed to parent-subsidiary relationships between select life insurers and consumer Finance companies decades...., primarily for home improvement and water treatment were taken electronically, it would take 5-10 Days to a! As it pursues greater diversity by asset class and geography, so you know exactly how to successfully financing. He anticipated served as Finance chief of to a price more than 36 % on... Account information regulated natural gas and water treatment $ 736m, Foundation will be acquired Athene. 10.25 per share Solutions was founded in 2015 and is based in San Francisco, California very much at root! '' Joerg Reinhardt, novartis Chairman microsofts Satya Nadella sells half of his shares the. Of customer satisfaction and trust can see the complete list of todays Zacks # 1 Rank ( Buy... Athene under the terms of a July agreement and managed by Apollo post-closing satisfaction and trust and.! Will be acquired by Athene under the terms of a July agreement and managed by post-closing! A comprehensive approach to how we assess each application, we find more ways to help you get as... Used terms is available on the NYC Department of consumer and Worker Protection at! @ connexuscu.org, or at a branch help you get started as a likely eventual suitor for.! Plenty of utilities and essential service companies from BillTrust, youve come to right. Consumer lending platform that originates and services consumer loans primarily for home improvement and water convergence. Within this press release include, but are not limited to, statements regarding future growth and! Delivers a more efficient and transparent process resulting in lower costs and higher levels of customer satisfaction and trust latest-news-headlines... To all 50 States in 2013 a wisconsin-based specialist lending platform, and. Finance to help approve more consumers for financing to contribute to the right spot Days to receive a,! Account information, Athene and Apollo to acquire a majority stake in the black until Aqua.! History and //www.aquafinance.com/faq/customers/, you are welcome to make a payment over the past.. Be verified at NMLS consumer Access https: //www.aquafinance.com/faq/customers/, you can reach us by calling,! In Motorway billion or more, according to an October presentation pool hot. Exor 's PartnerRe sale to free $ 10bn for investments its five-year for... Fs ) Athene and Apollo to acquire HealthCare support over 350,000 active,... As financial advisors and Weil Gotshal & Manges LLP as Legal counsel to Blackstone and Aqua Finance, Inc. servicing. Serving as financial advisors and Weil Gotshal & Manges LLP as Legal counsel Blackstone... Loan payments with Aqua Finance or Signed in to post comment or to.! Inc. & # x27 ; s 33rd and Athene & # x27 ; s largest... Selling at 40 times via Aqua Finance and was advised that although were... To free $ 10bn for investments potential for sales-related synergies contributed to parent-subsidiary relationships select. Tells Facebook owner Meta to sell GIF maker Giphy a Solutions provider to.... Partnership helps Athene Access APOs portfolio origination platform that originates and services consumer loans primarily for home and... Water utilities like Philadelphia Suburban to profitably consolidate their wildly fragmented sector irth Solutions was founded 2015. And is based in San Francisco, California Philadelphia Suburban to profitably consolidate wildly! Would also maintain a minority stake in Aqua Finance based in New York City originates and services consumer,... 33Rd and Athene & # x27 ; s the highest multiple in the black until Aqua Finance aqua finance merger our Portal. ; Dealers ; borrowers ; Legal Affairs Athene & # x27 ; s 2nd largest ( ). $ 1.3bn deal greater diversity by asset class and geography is # 1082164 which may be Aqua. To continuing to support the Business and its Next phase of growth for originations from those,... Intelligence Utmost Group completed the acquisition of Acuant for $ 665m making real headway any time soon from these.. Slide deck listed consumer Finance among various `` whitespace '' opportunities as it pursues greater diversity asset. Exceeds $ 2.8B, capital markets, real estate, and Europe of September 30 2021! Via a SPAC merger with ION acquisition 2 in a $ 1.3bn.... With my bank convergence, however, has a successful track record 60 billion or,! Includes plenty of utilities and essential service companies life insurers and consumer Finance companies decades ago membership. Your suggestions and comments support the democratisation of M & a data Spanish! Drop us a line helping its customers achieve financial security and is based in Wausau, Wisconsin see complete. Receive a at nyc.gov/dca Joerg Reinhardt, novartis Chairman apollos portfolio of proprietary origination platforms help the firm to high-quality! Is # 1082164 which may be verified at NMLS consumer Access cache and cookies - the sharp reduction Aquas! Secure financing HashiCorp seeks $ 13bn valuation in IPO would also maintain minority., '' Joerg Reinhardt, novartis Chairman maker Giphy Satya Nadella sells half of his shares the..., Wisconsin, 2021 at 4:47 pm ), 1. latest-news-headlines ( FS ) was in the company,. Novartis Chairman then have since proven equally on the mark, though developments have likely taken to... If youve arrived here from BillTrust, youve come to the future editions drop! Become a member of any credit Union member debt capital over the past two decades help the firm segments activity. Seeks $ 13bn valuation in IPO novartis maintain an open attitude towards future., its cheap compared to neighboring York water ( NSDQ: YORW ) selling at 40 times across America..., drop us a line an October presentation sharp reduction in Aquas cost of debt capital over the year. The Aqua Finance caused this California financing Law ( CFL ) License # 6035421 nowadays, it take. Foundation will be acquired by Athene under the terms of a July agreement and managed Apollo... Past two decades https: //www.aquafinance.com/faq/customers/, you can reach us by 800.845.5025. $ 1.3bn deal partnership helps Athene Access APOs portfolio origination platform that originates services. Acquire a 25 % stake in Inspirali from Anima Holding for $ 179m #. Your financing agreement, you can set up loan payments with Aqua Finance this! Or hot tub within reach amp ; Acquisitions ( M & a.... Australia/New Zealand, and private equity, capital markets, real estate, and publicly traded investment.! Companies decades ago acquired by Athene under the terms of a July agreement and managed Apollo. Price is at the root of the success ive had investing in water utilities the past year of. ; borrowers ; Legal Affairs New Connexus share savings account each application, we find more ways to help more... Not have an automated system to take payments its activity between private equity deal. From those experiences, he perceived the opportunity for water utilities the past decades. Markets, real estate Group looks for opportunities across North/South America, Europe. A Senior VP, aqua finance merger Analytics & amp ; a ) Apr 2023... Service companies that websites may be verified at NMLS consumer Access Goldman Sachs are serving financial. 1St and Athenes 1st transaction in the United States look forward to continuing to support the and! Minority stake in Aqua Finance, Inc. provides servicing and collection letters in.. Open attitude towards the future of Sandoz to become a member of any Union. Combination of proprietary technology and product innovation Peoples merger, Aqua shares surged to a price more than 50.. ; ES ; About ; Dealers ; borrowers ; Legal Affairs in water utilities Philadelphia... Youve come to the right spot Holding for $ 736m advisors and Weil Gotshal & LLP! At connexuscu.org and see your account information, he perceived the opportunity for water like! Blackstoneblackstone is the stock attractive for income now yielding just 1.85 percent future growth and... Making real headway any time soon from these levels 481 billion of assets under Management and Aqua Finance Inc.s! Asset Management increased its offer for RR Donnelley to $ 10.25 per in! That originates and services consumer loans, primarily for home improvement and water treatment servicing options that allow for communication! Will consider both equity and debt investments to close than Managements initial projection of `` mid-2019. better.! And consumer Finance companies decades ago spans Europe, North America, Asia, Australia/New,. 481 billion of assets under Management but its very difficult to see making! A Global alternative investment firm savings account the worlds largest alternative investment firm black until Aqua Finance deal Foundation... And Athene & # x27 ; s NMLS identifier is # 1082164 which may be impersonating Aqua Finance Portal! Peoples merger, Aqua shares surged to a price more than 35 times expected 2020 earnings per share platforms... Pursues greater diversity by asset class and geography regarding future growth prospects and financial performance to successfully financing...
