Apollo Funds Reach Agreement with American Securities to Acquire Trace3, a Leading Technology Solutions Provider Driving Adoption of Next-Generation Technology and AI
Apollo (NYSE: APO) has announced that its managed funds will acquire Trace3, a leading enterprise and commercial technology solutions provider, from American Securities. The acquisition targets a company specializing in artificial intelligence, cloud, security, data analytics, and IT infrastructure services.
Founded in 2002, Trace3 serves numerous Fortune 500 clients and is positioned to capitalize on increasing demand for next-generation IT infrastructure and AI adoption. American Securities will maintain a significant minority stake in the company. While financial terms weren't disclosed, the deal aims to accelerate Trace3's growth through strategic M&A and expansion of high-value service offerings.
Apollo (NYSE: APO) ha annunciato che i fondi da essa gestiti acquisiranno Trace3, un importante fornitore di soluzioni tecnologiche per aziende e clienti commerciali, da American Securities. L'acquisizione riguarda una societ脿 specializzata in intelligenza artificiale, cloud, sicurezza, analisi dei dati e infrastrutture IT.
Fondata nel 2002, Trace3 serve numerosi clienti della lista Fortune 500 ed 猫 ben posizionata per sfruttare la crescente domanda di infrastrutture IT di nuova generazione e l'adozione dell'AI. American Securities manterr脿 una significativa partecipazione di minoranza nella societ脿. Pur non essendo stati resi noti i termini finanziari, l'accordo mira ad accelerare la crescita di Trace3 mediante operazioni strategiche di M&A e l'espansione di servizi ad alto valore.
Apollo (NYSE: APO) ha anunciado que los fondos que administra adquirir谩n a Trace3, un destacado proveedor de soluciones tecnol贸gicas empresariales y comerciales, a American Securities. La adquisici贸n se centra en una compa帽铆a especializada en inteligencia artificial, cloud, seguridad, an谩lisis de datos e infraestructura TI.
Fundada en 2002, Trace3 atiende a numerosos clientes de la lista Fortune 500 y est谩 bien posicionada para aprovechar la creciente demanda de infraestructuras IT de pr贸xima generaci贸n y la adopci贸n de IA. American Securities mantendr谩 una participaci贸n minoritaria significativa en la compa帽铆a. Aunque no se divulgaron los t茅rminos financieros, el acuerdo pretende acelerar el crecimiento de Trace3 mediante fusiones y adquisiciones estrat茅gicas y la ampliaci贸n de servicios de alto valor.
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2002雲勳棎 靹る霅� Trace3電� 雼れ垬鞚� 韽稑 500雽� 旮办梾鞚� 瓿犼皾鞙茧 霊愱碃 鞛堨溂氅� 彀劯雽� IT 鞚疙攧霛检檧 AI 霃勳瀰鞐� 雽�頃� 歃濌皜頃橂姅 靾橃殧毳� 頇滌毄頃� 鞙犽Μ頃� 鞙勳箻鞐� 鞛堨姷雼堧嫟. American Securities電� 須岇偓鞐� 靸侂嫻頃� 靻岇垬歆�攵勳潉 鞙犾頃� 鞓堨爼鞛呺媹雼�. 鞛 臁瓣贝鞚� 瓿店皽霅橃 鞎婌晿歆�毵�, 鞚措矆 瓯半灅電� 鞝勲灥鞝� M&A鞕� 瓿犽秬臧�臧�旃� 靹滊箘鞀� 頇曥灔鞚� 韱淀暣 Trace3鞚� 靹膘灔鞚� 臧�靻嶍檾頃橂姅 瓴冹潉 氇╉憸搿� 頃╇媹雼�.
Apollo (NYSE: APO) a annonc茅 que ses fonds g茅r茅s vont acqu茅rir Trace3, un fournisseur majeur de solutions technologiques pour entreprises et clients commerciaux, aupr猫s d'American Securities. L'acquisition concerne une soci茅t茅 sp茅cialis茅e dans l'intelligence artificielle, le cloud, la s茅curit茅, l'analyse des donn茅es et l'infrastructure IT.
Fond茅e en 2002, Trace3 compte de nombreux clients du Fortune 500 et est bien positionn茅e pour tirer parti de la demande croissante en infrastructures IT de nouvelle g茅n茅ration et de l'adoption de l'IA. American Securities conservera une participation minoritaire significative dans l'entreprise. Les termes financiers n'ont pas 茅t茅 divulgu茅s, mais l'op茅ration vise 脿 acc茅l茅rer la croissance de Trace3 via des acquisitions strat茅giques et l'expansion d'offres de services 脿 forte valeur ajout茅e.
Apollo (NYSE: APO) hat angek眉ndigt, dass die von ihm verwalteten Fonds Trace3, einen f眉hrenden Anbieter von Enterprise- und Commercial-Technologiel枚sungen, von American Securities erwerben werden. Die Akquisition betrifft ein Unternehmen, das auf K眉nstliche Intelligenz, Cloud, Sicherheit, Datenanalyse und IT-Infrastruktur spezialisiert ist.
Trace3, gegr眉ndet 2002, betreut zahlreiche Fortune-500-Kunden und ist gut positioniert, um von der wachsenden Nachfrage nach Next-Generation-IT-Infrastrukturen und der Verbreitung von KI zu profitieren. American Securities wird eine bedeutende Minderheitsbeteiligung an dem Unternehmen behalten. Finanzielle Einzelheiten wurden nicht bekanntgegeben; das Ziel des Deals ist es, das Wachstum von Trace3 durch strategische M&A-Aktivit盲ten und die Erweiterung hochwertiger Serviceangebote zu beschleunigen.
- Strategic acquisition in the high-growth IT solutions and AI services sector
- Retention of significant minority stake by American Securities shows continued confidence in business
- Strong positioning to benefit from accelerating digital transformation and AI adoption trends
- Opportunity for expansion through strategic M&A with Apollo's backing
- Financial terms of the acquisition not disclosed, limiting transparency
- Integration and transition risks associated with ownership change
- Potential organizational changes during post-acquisition phase
Insights
Apollo's acquisition of Trace3 expands its IT services portfolio, targeting growth in AI and digital transformation markets.
Apollo Funds has reached an agreement to acquire a controlling stake in Trace3, a leading technology solutions provider, from American Securities, which will retain a significant minority position. This acquisition represents Apollo's strategic move to capitalize on the growing demand for next-generation IT infrastructure, particularly around artificial intelligence, cloud computing, and cybersecurity services.
Trace3 holds a strong market position as a technology solutions provider serving enterprise and commercial clients, including many Fortune 500 companies. The company's expertise spans critical high-growth areas including AI implementation, cloud infrastructure, security solutions, data analytics, and managed services 鈥� all sectors experiencing accelerated demand as organizations undergo digital transformation.
This investment aligns with Apollo's demonstrated track record in the IT services sector, following previous investments in Presidio and TD SYNNEX. For Apollo, Trace3 offers exposure to the rapidly expanding market for AI-related services and infrastructure, positioning the firm to benefit from what many consider to be a multi-year technological investment cycle.
The transaction structure 鈥� with American Securities maintaining a minority stake 鈥� suggests confidence in Trace3's continued growth potential from both the incoming and outgoing primary investors. Apollo has indicated three specific growth strategies: expanding AI-related service offerings, developing additional high-value services, and pursuing strategic M&A to accelerate growth.
While financial terms weren't disclosed, this acquisition adds a growing technology services business to Apollo's portfolio at a time when enterprise technology spending, particularly around AI implementation, remains robust despite broader economic uncertainties.
Strategic Investment to Accelerate Trace3鈥檚 Growth and Expand Solutions Across Security, Hybrid Cloud and AI
IRVINE, Calif. and NEW YORK, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that funds managed by its affiliates (the 鈥淎pollo Funds鈥�) have agreed to acquire Trace3, a leading provider of enterprise and commercial technology solutions, from American Securities. Financial terms were not disclosed. American Securities will retain a significant minority equity interest in the company.
Trace3 is a leading digital transformation and IT solutions provider to commercial and enterprise clients, including many of the Fortune 500. Since its founding in 2002, Trace3 has established a national, market-leading position in the technology solutions provider space with significant expertise in artificial intelligence, cloud, security, data and analytics, managed services, data center infrastructure and emerging technology. The company is well positioned to benefit from strong demand for next-generation IT infrastructure and services as digital transformation and AI adoption continue to accelerate.
鈥淭he partnership with Apollo is a powerful testament to the quality of our brand, our people and our consistent track record of growth,鈥� said Rich Fennessy, Chief Executive Officer of Trace3. 鈥淭hey embrace our unwavering commitment to innovation, technical excellence and deep client relationships. Together, we鈥檙e poised to accelerate the Company鈥檚 trajectory while preserving the special culture that continues to attract the best talent in technology.鈥�
鈥淭race3 is a recognized leader in enterprise IT, with a strong culture of innovation and a track record of delivering critical and cutting-edge products and services to its broad client base,鈥� said Robert Kalsow-Ramos, Partner at Apollo. 鈥淲e see a meaningful opportunity to support Trace3鈥檚 efforts to meet AI-related demand across their client base and expand high-value service offerings while pursuing strategic M&A to help accelerate the company鈥檚 growth trajectory. We鈥檙e excited to partner with the Trace3 team in this next chapter of growth.鈥�
鈥淭race3鈥檚 management team has done an exceptional job scaling the business, expanding its capabilities and establishing the company as a trusted partner in delivering cutting-edge technology solutions. We鈥檙e proud to have supported their growth, which reflects American Securities鈥� strategy of partnering with strong teams in sectors where we can add lasting value. We look forward to continuing our partnership alongside Apollo and the Trace3 team as the company enters its next phase,鈥� said Kevin Penn, Managing Director of American Securities.
Apollo has deep experience successfully investing in the IT services and distribution space, including prior investments by Apollo-managed funds in Presidio and TD SYNNEX.
The transaction is subject to customary closing conditions and regulatory approvals.
Citi served as lead financial advisor, Wells Fargo and Royal Bank of Canada also served as financial advisors, and Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel to the Apollo Funds. Guggenheim Securities, LLC served as financial advisor and Kirkland & Ellis LLP served as legal counsel to Trace3 and American Securities.
About Trace3
Trace3 is a premier provider of technology consultation services and advanced IT solutions. Founded in 2002, Trace3 empowers organizations to embrace digital transformation through elite expertise and insightful innovation. With deep roots in the data center, Trace3 offers a broad mix of end-to-end technology services and solutions. These range from artificial intelligence and data insights to cloud computing and security consulting. Trace3 also maintains a Venture Capital (VC) CXO briefing program with a sharp focus on emerging technologies and provides clients with extensive research focused on the latest IT trends. For more information, visit .
About Apollo
Apollo is a high-growth, global 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 credit to private 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 June 30, 2025, Apollo had approximately
About American Securities
Based in New York with an office in Shanghai, American Securities is a leading U.S. private equity firm that invests in market-leading North American companies with annual revenues generally ranging from
Contacts
Apollo
Noah Gunn
Global Head of Investor Relations
Apollo Global Management, Inc.
(212) 822-0540
[email protected]
Joanna Rose
Global Head of Corporate Communications
Apollo Global Management, Inc.
(212) 822-0491
[email protected]
Trace3
Jill Simpson
Manager, Public Relations
(269) 930-0912
[email protected]
American Securities
Joshua Rosen / Nick Kyriacou
Prosek Partners
[email protected]
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