Tag: Apollo
Emerald Holding and its Medtrade trade show will have new owner
May 13, 2026HME News Staff
NEW YORK – Apollo-managed funds have entered into separate definitive agreements to acquire Emerald Holding, Inc., which organizes Medtrade, and Questex, with the intention to combine the businesses to create a leading North American B2B experiential events and media platform, in an all-cash transaction.
Apollo says Emerald and Questex, together, would create a scaled B2B events platform with approximately 160 events across complementary end markets, combining Emerald’s category-leading...
McKesson sells stake in Medical-Surgical Solutions
April 29, 2026HME News Staff
IRVING, Texas – McKesson has taken another step toward separating its Medical-Surgical Solutions (MMS) business by selling a minority interest to funds managed by Apollo.
Apollo Funds will invest $1.25 billion in convertible preferred equity of MMS to acquire an approximately 13% minority interest, valuing the business at approximately $13 billion.
“This transaction marks a key milestone in McKesson’s planned separation of MMS,” said Brian Tyler, CEO of McKesson. “We...