trending Market Intelligence /marketintelligence/en/news-insights/trending/c5-cDej3TJcEXCUhbnhVIA2 content esgSubNav
In This List

Report: Apollo Global mulling Presidio IPO


Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations


Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


Banks’ Response to Rising Rates & Liquidity Concerns

Report: Apollo Global mulling Presidio IPO

Apollo GlobalManagement LLC is contemplating an IPO of Presidio Holdings Inc., The Wall Street Journal reported,citing "people familiar with the matter."

New York-based Presidio isan IT infrastructure solutions provider assistingbusinesses in designing, buying and managing data storage, videoconferencing,and other technology services. Apollo Global acquired Presidio from American Securities LLC in February 2015.

The company is planning tointerview bankers in the week of July 25 for a potential IPO that could value Presidioat more than $2 billion, including debt,sources told the WSJ.