Latham & Watkins Advises Apollo in Acquisition of Majority Stake in The State Group

Apollo (NYSE: APO) announced that funds associated with its Impact and Clean Transition strategies have acquired a majority stake in The State Group from Blue Wolf Capital (Blue Wolf). Blue Wolf will retain a minority stake in the business, alongside existing management shareholders.

Latham & Watkins LLP represents Apollo in the transaction with a corporate deal team led by New York partners Justin Rosenberg and Eyal Orgad, Washington, D.C. partner Nick Luongo, and New York counsel Richard Quay, with associates Ross Liemer, Victor Wang, and Brian Herskowitz. Advice was also provided on finance matters by Washington, D.C./New York partner Manu Gayatrinath, with associates Melissa Doura, Shane Alexander, Josh Haberl, and Eamon Bousa; on tax matters by Bay Area partner Katharine Moir, with associate Jacob Meninga; on real estate matters by San Diego partner Robert Frances and San Diego counsel Aaron Friberg; on intellectual property matters by New York partners Steven Betensky and Jessica Cohen, with associate Ece Gonulal; on employee benefits matters by New York partner Bradd Williamson and New York counsel Rifka Singer, with associate Anne Bracaglia; on labor matters by Los Angeles partner Joe Farrell, with associate Laura Zabele; on antitrust matters by Century City/Washington, D.C. partner Makan Delrahim and New York partner Katherine Rocco, with associates Caitlin Fitzpatrick, Charlie Beller, Sahdia Khan, and Charles McGrath; on energy and infrastructure matters by San Diego counsel Seth Richardson, with associate Nate Gelfand-Toutant; on government contracts matters by Washington, D.C. partner Kyle Jefcoat, with associates Chris Caulder and Blake Page; and on insurance matters by Los Angeles partner Harrison White, with associate Enrique Covarrubias.