BlackArch Partners announced that The Apollo Group has received a strategic investment from Oaktree Capital Management.

BlackArch was retained by Apollo to serve as the shareholders’ exclusive financial advisor.  The transaction builds upon BlackArch’s significant momentum in advising market-leading business services platforms. It also reinforces BlackArch’s reputation as a trusted advisor to family-owned businesses that deserve superior outcomes and tailored solutions for management and shareholders.

Jose Ramon Barrera, Chief Executive Officer of Apollo, stated, “My family will always be grateful for BlackArch’s hard work. I couldn’t ask for a better team. BlackArch put in the hard work to understand our business and our transaction objectives to deliver a fantastic outcome.”

The Apollo Group is a leading provider of full-service hospitality management services to the cruise industry. Over its 55+ year history, Apollo has established itself as the supplier-of-choice for turnkey hospitality services including crew management, food services, food and beverage distribution, end-to-end procurement and logistics and other related services. The Company serves a global, blue-chip customer base of leading cruise lines and other maritime vessels. Apollo’s global operations and international distribution network enable the Company to deliver mission-critical food and beverage supplies to large vessels in ports around the world. The Company’s comprehensive hospitality services offer tailored, end-to-end staffing, procurement and logistics, and culinary services for large fleets of ocean-going cruise lines. Apollo has achieved long-lasting success by upholding the same “customer first” business principles since the Company’s founding in 1969. The Company’s exceptional growth and performance track record is a testament to Apollo’s dedication to quality service, technological innovation and operational excellence.