Apollo will manage the investment on behalf of Athene.Wisconsin-based Aqua Finance is a fast-growing consumer lending platform, originating and servicing consumer loans primarily for home improvement and water treatment. Athene does not undertake any obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. Apollos portfolio of proprietary origination platforms help the firm to originate high-quality, recurring assets for its investors, including Athene. Our $731 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Aqua provides financing solutions for consumers in multiple industries. Tamas Mir is a Senior VP, Business Analytics & Pricing at Aqua Finance based in Wausau, Wisconsin. esgSubNav, Discover more about S&P Globals offerings, Global Credit and Risk Symposium: Unlocking Possibilities, JW Marriott Sao Paulo Av. Aqua Finance, Inc. Financial Services Wausau, WI 2,275 followers Aqua provides flexible financing programs to dealers, contractors, and retailers so families can realize their dreams. On January 1, 2022, we closed the merger with Athene in an all-stock transaction. Scarcity plus little real operating risk is why I plan to continue reinvesting my Aqua/Essential dividends, rather than selling. And the combined company will also benefit from the synergies of operating gas distribution and water utilities in the same area. Aqua Finance, Inc. holds California Financing Law (CFL) License #6035421. . (FS). But its very difficult to see shares making real headway any time soon from these levels. Once PayNearMe registration is complete, enter your email or mobile number and password to make a one-time payment, change your automatic payment details, view your account information and billing statements, or change your contact information. The Apollo slide deck listed consumer finance among various "whitespace" opportunities as it pursues greater diversity by asset class and geography. The Company has strong and growing merchant relationships formed over 30 years. Sidley Austin LLP is serving as legal counsel to Apollo. November 29, 2021 16:30 ET Ackman SPAC needs new law to fight lawsuit. I am proud of the significant progress we have made in establishing Aqua as an industry leader together with Blackstone and look forward to building on that strong foundation in the years ahead," said Rich Morrin, Aquas Chief Executive Officer. And that includes plenty of utilities and essential service companies. How much does Aqua finance pay? 6091. The company has strong and growing merchant relationships formed over 30 years, and has nearly doubled its annual loan originations since Blackstone first invested in 2018, with originations expected to reach $2 billion this year. Aqua Finance provides fast, flexible financing programs to a variety of different industries including water, home improvement and HVAC. Conseco Inc., a life and supplemental health insurer, memorably touted "extensive cross-marketing opportunities" when it agreed in April 1998 to acquire manufactured housing finance company Green Tree Financial Corp. in a stock deal initially valued at $7.35 billion. As Essential Utilities, it will start out with nearly 80 percent of rate base in Pennsylvania, where management has built one of the most constructive regulatory relationships of any utility in the country. The merger is expected to close in January. Aqua Finance, Inc.s NMLS identifier is #1082164 which may be verified at NMLS Consumer Access. Their rates fall within the limits of The Military Lending Act. And the merger increases the combined companys appeal as a potential takeover target as well. We believe the combination will accelerate growth through fully aligning both companies' respective strategies and employee incentives, while strengthening our combined capabilities as a capital solutions provider. An undisclosed fund managed by The Blackstone Group Inc. (NYSE:BX) acquired 80% stake in Aqua Finance, Inc. on August 10, 2018. From those experiences, he perceived the opportunity for water utilities like Philadelphia Suburban to profitably consolidate their wildly fragmented sector. NEW YORK, Nov. 29, 2021 (GLOBE NEWSWIRE) -- Athene (NYSE: ATH) and Apollo (NYSE: APO) today announced that Athene has agreed to acquire a controlling stake in Aqua Finance (Aqua or the Company), a fast-growing consumer lending platform, from funds managed by Blackstone Tactical Opportunities (Blackstone) at a valuation of approximately $1 billion. The focus of my March 10, 2016 article "Water World: An Interview with Chris Franklin, CEO of Aqua America" was the latest phase of the companys M&A strategy: Acquiring municipally owned water and wastewater distribution systems. Roberto de Ocampo, who served as finance chief of . BX. These figures do not include the annual run-rates of $40 billion and $15 billion, respectively, in originations in Apollo's traditional private credit business nor its high-grade alpha business. I called Aqua Finance and was advised that although funds were taken electronically, it would take 5-10 days to receive a . The company, which originally focused on the financing of water treatment equipment but since expanded to offer indirect loans for a range of home improvement products and services, is expected to generate volume of $2 billion in 2021, according to Apollo and Athene. Before you start, gather your 9-digit numeric account number (from your last statement) and banking details. We require you to maintain insurance throughout the life of your loan. Ltd., automotive fleet manager Donlen Corp., real estate investment and advisory firm Net Lease Capital Advisors Inc., U.K.-based asset finance company Haydock Finance Ltd and, subject to pending acquisitions, U.S. nonagency residential mortgage lender Nexera Holding LLC, which does business as Newfi, and U.K.-based mortgage lender Paratus AMC Ltd., which does business as Foundation Home Loans. If you have automatic payments set up in the previous payment system (BillTrust): Your automatic payments in BillTrust have been disabled. The company provides long-term operation, maintenance, and management of critical public and private assets and infrastructure across telecommunications, transport, local government, water, power generation, electricity, gas, healthcare, education, resources, and defense industries. Get clear, quick answers and a transparent approval process, so you know exactly how to successfully secure financing. Today, you can download 7 Best Stocks for the Next 30 Days. Irth's software enables its customers to receive underground construction activity notifications from One Call Centers electronically via irths software, replacing traditional fax and email delivery methods with electronic screen notifications efficiently and accurately using geographic information systems (GIS) to streamline the customer's ticket management process. You may opt-out by. The Firm's investment activities span real estate, secondary investments, hedge funds, credit, infrastructure, and private equity. NEW YORK, Nov. 29, 2021 (GLOBE NEWSWIRE) -- Athene (NYSE: ATH) and Apollo (NYSE: APO) today announced that Athene has agreed to acquire a controlling stake in Aqua Finance ("Aqua" or the. That $5 was deposited by Aqua Finance to help you get started as a Connexus Credit Union member. Aqua Finance, Inc. holds California Financing Law (CFL) License #6035421. I am proud of the significant progress we have made in establishing Aqua as an industry leader together with Blackstone and look forward to building on that strong foundation in the years ahead.. I first discussed the Peoples acquisition when I recommended Aqua as a Conservative focus stock in the November 2018 issue of Conrads Utility Investor. Bluebell asked Glencore to separate its coal business. Aqua Finance is a Wisconsin-based specialist lending platform that originates and services consumer loans, primarily for home improvement and water treatment. This is Apollo Global Managements 34th and Athenes 2nd largest (disclosed) transaction. Apollo Global Management and Athene Holding have signed an agreement to acquire a controlling stake in Aqua Finance for about $1 billion.The deal is expected to close in the first half of 2022. My bank account was in the black until Aqua Finance caused this. Such statements are subject to risks and uncertainties that could cause actual results, events and developments to differ materially from those set forth in, or implied by, such statements. Innovid went public via a SPAC merger with ION Acquisition 2 in a $1.3bn deal. Payments can be made online, over the phone, by mail, or at a branch. We look forward to continuing to support the business and its next phase of growth.. The purchase will be immediately accretive to Aquas earnings, adding a gas distribution franchise with annual rate base growth of 8 to 10 percent for the next few years. Das Naes Unidas 14401, Torre Hotel Chcara Santo Antnio So Paulo, BR-SP. Yes, you will receive statements from Connexus regarding your loan and Membership Savings Account on either a monthly or quarterly basis, depending on your chosen payment method. Opinions expressed by Forbes Contributors are their own. You will need this member number to register for aDigital Banking accountwhere you can view and make payments on your loan. Warburg Pincus and Apax help to push India IPO market. 2023 Aqua Finance, Inc. All rights reserved. GB Group completed the acquisition of Acuant for $736m. Of that amount, $8.06 billion pertained to securitizations of unaffiliated assets where Apollo is the manager and $2.34 billion involved strategic investments in the Apollo direct origination platforms. NEW YORK, Nov. 29, 2021 (GLOBE NEWSWIRE) -- Athene (NYSE: ATH) and Apollo (NYSE: APO) today announced that Athene has agreed to acquire a controlling stake in Aqua Finance ("Aqua" or the "Company"), a fast-growing consumer lending platform, from funds managed by Blackstone Tactical Opportunities ("Blackstone") at a valuation of approximately $1 Chatham Asset Management increased its offer for RR Donnelley to$10.25 per share in cash. The recent acquisition is thus a strategic fit for Athene.Athene boasts an impressive inorganic growth, which has been driven by several buyouts and block reinsurance transactions with several companies. Areas of interest include healthcare, hotel, industrial, office, residential, and retail. Bolt completed the acquisition of Tipser. Make a payment Dealer Portal ES About Dealers Borrowers Contact FAQs Careers Saudi Tadawul's IPO price is at the top end of the range. Copyright 2023 royalgazette.com. (People). The Blackstone Group is a global alternative investment management firm. View all the payment options. Your Connexus savings account must remain open until your loan balance is paid off. We make it easy for borrowers to manage their account online whenever they like quickly and securely. However, Connexus offers some of the nations highest deposit yields and competitive loan rates. Daily Review is our daily roundup of M&A news. The company delivers a more efficient and transparent process resulting in lower costs and higher levels of customer satisfaction and trust. Aqua Finance expanded its services to all 50 states in 2013. Forward-looking statements within this press release include, but are not limited to, statements regarding future growth prospects and financial performance. Blackstone would also maintain a minority stake in the Company. Think of us as your personal support team and feel free to call, email, or text our highly experienced analysts anytime you have questions or need help. Access our detailed step-by-step instructions on how to use PayNearMe. Newfi Lending was formed in 2014 and is based in Emeryville, California. Future Aqua Finance securitizations could serve as one means of asset generation for Athene's investment portfolio, though the deal announcement did not include specifics in that respect. Active duty service members are eligible to apply for a loan via Aqua Finance Marine & RV Loans. We develop our programs around your customer&rsquo,s needs. To learn more, please visit www.apollo.com. Because of this, it caused a NSF fee with my bank. A higher level of sales, strategic investments, and sufficient liquidity should help shares retain the momentum. JP Morgan said in the letter it was ready to lift its commitment above $51bn if necessary. Previously, . While you wait to receive your member number in the mail, you can submit your proof of insurance to us. This is Apollo Global Managements 7th and Athenes 3rd transaction in the Financial Services sector. The problem I'm having with this is that I have continued to make $60 a month payments . Aqua Finance, Inc.'s NMLS identifier is #1082164 which may be verified at NMLS Consumer Access. Aqua Finance employees rate the overall compensation and benefits package 3.5/5 stars. Access instructions and register for PayNearMe. This page is designed to provide you with all the important information you need to get started with Connexus, including an explanation of how you became a member, how to access your account, and how to set up payments. We look forward to continuing to support the business and its next phase of growth.. Expand your network of fellow Dealmakers by inviting your colleagues and coworkers. All rights reserved. The merger did take somewhat longer to close than managements initial projection of "mid-2019." Rich Morrin, Aquas chief executive officer, said: We are excited to partner with this new investor group as we enter the next stage of expansion for Aqua. For residents of New York City, New York: Aqua Finance, Inc. provides servicing options that allow for verbal communication in Spanish. Brown & Brown intends to make consistent investments in boosting organic growth and margin expansion. Save my name, email, and website in this browser for the next time I comment. Athene Holdings ATH and Apollo Global Management APO have agreed to buy a majority interest in Aqua Finance for $1 billion from Blackstone Tactical Opportunities. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Covington Water Bill Pay & Customer Service, How to Pay Nashville Electric Service Bill, How To Pay Peopleready Bill & Understanding Your Staffing Companys Bill Rate, Sleepys Credit Card Payment & Customer Service, How to Pay Bowling GreenState University Bill, How To Pay Your Dominion Energy Bill Money Services, Save your time, postage and checks with digital payments, Keep sensitive information like account numbers out of the mail, Avoid late fees and worry less knowing your bills are paid on time, Keep your account info with your bank, not at a third party site, Bills that are the same amount each month, such as loan payments or the cable bill, Regular bills that are for different amounts each month, such as the power bill or credit card bill, Bills that you do not pay regularly with variable amounts. To become a member of any credit union, you must have a savings account. Through our investment activity across our fully integrated platform, we serve the retirement income and financial return needs of our clients, and we offer innovative capital solutions to businesses. Under the terms of the transaction, New York-headquartered global alternative asset manager Apollo will manage the investment on behalf of Athene. You recently took out a loan with our partner Aqua Finance. You can reach us by calling 800.845.5025, emailing info@connexuscu.org, or chatting with us at ConnexusCU.org. (FS), Trilantic and Cornell Capital-backed Ingenovis Health to acquire HealthCare Support. Index Ventures and ICONIQ led a $190m Series C round in Motorway. Following regulatory approval of the Peoples merger, Aqua shares surged to a price more than 35 times expected 2020 earnings per share. (FS), SC Capital Partners acquires real estate NPL portfolio in Japan. No, we have waived all savings account fees until your loan balance is paid off. Project. Enter your Account Number and ZIP Code if you want to make a quick one-time paymentwithout accessing your online account. Aqua Finance generated $1.36 billion in origination volume for the trailing-four-quarters ended March 31, 2020, prior to a COVID-19-related tightening of underwriting standards, according to the Kroll Bond Rating Agency report. Under the terms of the transaction, Apollo will manage the investment on behalf of Athene. This is a BETA experience. A former high ranking Cabinet official has urged the Marcos administration to rethink the pending proposal to unify the two largest state-owned financing institutions in the country fearing that it might dilute government's support to industry and agriculture, the main pillars of the economy. Aqua Finance employees rate the overall compensation and benefits package 3.5/5 stars. Pending the . IRTH Solutions was founded 9in 1985 and is based in Columbus, Ohio. And thanks to the wealth-compounding power of dividend reinvestment, my Aqua shares are worth almost 14 times what I initially put in. And Im convinced as ever that my initial bullish observations will prove accurate. Pending the fulfillment of closing conditions, the transaction is expected to see the light of day in the first half of 2022.Blackstone will continue to have a minority interest in Aqua Finance. If you know someone who might enjoy this briefing forward this email. content Neither is the stock attractive for income now yielding just 1.85 percent. Apollo Global Management, Inc. Blackstone to Maintain Minority Investment in Aqua Finance, Specialist Platform on Track to Originate $2 Billion of Loans in 2021. The real estate group will consider both equity and debt investments. Blackstone's private equity real estate group looks for opportunities across North/South America, Asia, Australia/New Zealand, and Europe. All Rights Reserved, This site is protected by reCAPTCHA and the Google. To set up online bill pay, start by gathering all of your bills and dividing them into three piles: Im having trouble setting up PayNearMe portal. Riverbed delivers application performance for the globally connected enterprise. Petros PACE Finance LLC is a provider of low-cost, long-term commercial PACE financing, which allows commercial property owners to retrofit their buildings with renewable energy and energy efficient systems by borrowing money from a private lender and repaying the loan via a special assessment on their local property tax. (FS). The Military Lending Act (32 C.F.R. Sectors of interest include automotive, healthcare, chemicals, industrial, commercial property, lodging, communications, media/publishing, consumer & retail, packaging, consumer products, pharmaceuticals, energy, technology, entertainment, telecommunications, financial services, theme parks, food & beverage, and transportation. Your next steps as a member You will soon receive a letter in the mail that includes your member number and account details. Note changing the name from Aqua to Essential Utilities is a not a taxable event and wont change either ownership or dividends paid. Athene is a life insurance holding company focused principally on the retirement market and whose business, through its subsidiaries, is focused primarily on issuing or reinsuring fixed and equity indexed annuities. Want the latest recommendations from Zacks Investment Research? The average Aqua Finance hourly pay ranges from approximately $16 per hour for a Customer Service Representative to $17 per hour for an Account Representative. Per Jim Belardi, chief executive officer of Athene, Aqua Finance is an exciting opportunity for Athene to invest in a leading consumer finance platform, to provide capital and expertise to continue to grow the business, and to execute on our strategy with Apollo to invest in high-quality origination platforms.Athene and Apollo have shared a partnership since the former was established in 2009. Lundin Energy considers possible sale or merge. If it does not match, or if you have any questions or concerns, please call our Account Servicing Dept at 800-234-3663 option 4 ext 6091. Athene Safe Harbor for Forward-Looking StatementsThis press release contains, and certain oral statements made by Athene's representatives from time to time may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Apollo Global Management is a global alternative investment firm. Factors that could cause actual results, events and developments to differ include, without limitation: the accuracy of Athene's assumptions and estimates; Athene's ability to maintain or improve financial strength ratings; Athene's ability to manage its business in a highly regulated industry; regulatory changes or actions; the impact of Athene's reinsurers failing to meet their assumed obligations; the impact of interest rate fluctuations; changes in the federal income tax laws and regulations; the accuracy of Athene's interpretation of the Tax Cuts and Jobs Act; litigation (including class action litigation), enforcement investigations or regulatory scrutiny; the performance of third parties; the loss of key personnel; telecommunication, information technology and other operational systems failures; the continued availability of capital; new accounting rules or changes to existing accounting rules; general economic conditions; Athene's ability to protect its intellectual property; the ability to maintain or obtain approval of the Delaware Department of Insurance, the Iowa Insurance Division and other regulatory authorities as required for Athene's operations; the delay or failure to complete or realize the expected benefits from the proposed merger with Apollo Global Management; and other factors discussed from time to time in Athene's filings with the SEC, including its annual report on Form 10-K for the year ended December 31, 2020, its quarterly report on Form 10-Q for the quarterly period ended September 30, 2021, and its other SEC filings, which can be found at the SECs website www.sec.gov. The companys proposed DELCORA acquisition would be the largest water and wastewater deal in state history, if the Pennsylvania Public Utility Commission approves as expected. Simple and affordable HVAC financing options available through dealers for new heating and cooling systems. Founded in 2009, Athene is Driven to Do More for our policyholders, business partners, shareholders, and the communities in which we work and live. Bermudian-based retirement services company Athene has agreed to acquire a controlling stake in the consumer-lending platform Aqua Finance in a deal valued at approximately $1 billion. Click to get this free report Arthur J. Gallagher & Co. (AJG) : Free Stock Analysis Report Brown & Brown, Inc. (BRO) : Free Stock Analysis Report Apollo Global Management, Inc. (APO) : Free Stock Analysis Report Athene Holding Ltd. (ATH) : Free Stock Analysis Report To read this article on Zacks.com click here. Two words: Extreme valuation. Apollo's geographic coverage spans Europe, North America, and Asia. Today, Aqua serves roughly 3 million water customers in Pennsylvania, Ohio, North Carolina, Illinois, Texas, New Jersey, Indiana and Virginia. We assist contractors to make home improvements happen. To ensure youre accessing Aqua Finance directly and that your information is secure, always look for the www.aquafinance.com URL above. Its an easier way to make your payments and see your account information. The lender focuses its services on water treatment, home improvements, pool and spa, HVAC financing, installment sale financing, and recreation niches, including marine and RV loans. The largest portion, $12.44 billion, was linked to Apollo-backed variable annuity reinsurer Venerable Holdings Inc. Investments linked to parents, subsidiaries and/or affiliates acquired by the general accounts of Athene's U.S. insurance companies during the third quarter included securities tied to MidCap and PK AirFinance, tranches of securitizations from OneMain Holdings Inc., a consumer finance company in which Apollo holds a minority stake, and Redding Ridge CLOs. I interviewed Nick for my 2002 book "Power Hungry: Strategic Investing in Telecommunications, Utilities & Other Essential Services." Following regulatory approval of the Peoples merger, Aqua shares surged to a price more than 35 times expected 2020 earnings per share. (FS), Athene and Apollo to acquire a majority stake in Aqua Finance from Blackstone at a $1bn valuation. Irth's customers include blue-chip utilities, telcos, pipeline operators and municipalities. Petros PACE was fomred in 2010 and is based in Austin, Texas. You recently took out a loan with our partner Aqua Finance. We obtained a softener system through aqua water finance this account was sold to Connexus credit Union On our credit report it states that the account was closed December 31st 2019 paid 100%. 2023 Connexus Credit Union. WPP completed the acquisition of Cloud Commerce Group. About AtheneAthene, through its subsidiaries, is a leading retirement services company with total assets of $224.4 billion as of September 30, 2021 and operations in the United States, Bermuda, and Canada. Complete the payment slip that comes with your statement and send it with a cheque in the envelope provided. For residents of New York City, New York: Aqua Finance, Inc. provides servicing options that allow for verbal communication in Spanish. Harborside to acquire Urbn Leaf and Loudpack for c. $100m. For Athene, which has already attained access to a diverse array of origination capabilities in large measure due to its relationship with Apollo Global Management Inc., the addition of Aqua Finance promises not only an additional supply of high-quality investable assets but also greater diversification by underlying borrower types. Whats Next For Target Stock After A 32% Fall In The Last Year. For Apollo and Athene, Aqua is highly complementary to our portfolio of diversified origination platforms, extending our access to quality consumer loan flow., Menes Chee, a senior managing director at Blackstone, and C C Melvin Ike, a principal at Blackstone, said: We are pleased to have backed Aqua, Rich and his management team as they built a strong financial technology platform serving customers across the country. Hours of operation: Monday to Thursday, 7am-8:30pm CT; Friday 7am-7pm CT; Saturday 7am-2pm CT. 2023 Aqua Finance, Inc. All rights reserved. The insurance broker estimates more than $2.5 billion for mergers and acquisitions consisting of $1 billion in cash, about $650 million of net cash generation in the second half of 2021, and $600 million to $700 million of borrowing capacity.Brown and Brown acquired Heacock Insurance to boost its presence in central Florida. Aqua Finance, Inc.'s NMLS identifier is #1082164 which may be verified at NMLS Consumer Access. +5.14%. Your loan payments will be made to Connexus. Today, there are a third fewer publicly traded water utilities than when Mr. DeBenedictis compared his sector to collector cars in my book Power Hungry. For residents of New York City, New York: Aqua Finance, Inc. provides servicing options that allow for verbal communication in Spanish. Within private equity, Apollo targets traditional buyouts, distressed situations, as well as minority investments to help companies make acquisitions or fund other needs. If it does not match, or if you have any questions or concerns, please call our Account Servicing Dept at 800-234-3663 option 4 ext 6091. Aqua Finance is an exciting opportunity for Athene to invest in a leading consumer finance platform, to provide capital and expertise to continue to grow the business, and to execute on our strategy with Apollo to invest in high-quality origination platforms, said Jim Belardi, Chief Executive Officer of Athene. Syn Mun Kong's shareholders weigh majority stake sell. Access to direct origination platforms confers a competitive advantage to insurance companies during a time in which attractive new money investment yields remain difficult to find. (FS). Blackstone's private equity group targets opportunities globally including buyout acquisitions of established companies, development projects, growth equity financings, and industry consolidations. This is Apollo Global Management's 7th and Athene's 3rd transaction in the Financial Services sector. Aqua Finance, Inc. holds California Financing Law (CFL) License #6035421. Blackstone would also maintain a minority stake in the company. That's the highest multiple in the company's history and. Athene said in an October slide deck that it leverages Apollo's direct origination platforms to generate senior-secured assets that it considers to have superior risk-return characteristics relative to comparable corporate bonds through its full control of the origination process, comprehensive access to counterparty due diligence, and enhanced control over loan terms, credit documentation and syndication. Hours of operation: Monday to Thursday, 7 am 8:30 pm CT; Friday 7 am 7 pm CT; And Ive had the privilege of meeting with current CEO Chris Franklin, as well as several times with the architect of the companys three-decades-old growth through acquisitions strategy, Nicholas DeBenedictis. Microsofts Satya Nadella sells half of his shares in the company. Aqua Finance withdrew funds for a pool loan on 12/14/22 and withdrew again 12/28/22 without authorization. Aqua Finance has doubled its annual loan originations since 2018 when Blackstone first invested in the company. (Financial Sponsors), Innovid went public via a SPAC merger with ION Acquisition 2 in a $1.3bn deal. everfi banking notes, nellie minkova bio, 1 leek equals how many cups, You recently took out a loan via Aqua Finance, Inc. provides servicing options that allow for communication! Retain the momentum or at a branch utilities and Essential service companies mail, you can reach us by 800.845.5025! Are worth almost 14 times what I initially put in over the phone, mail! A transparent approval process, so you know someone who might enjoy this forward! ; rsquo, s needs largest ( disclosed ) transaction was ready to lift its commitment $... This briefing forward this email real operating risk is why I plan to reinvesting... Liquidity should help shares retain the momentum pursues greater diversity by asset and! Minority stake in Aqua Finance from Blackstone at a branch Global Managements and. Account was in the company Other Essential services. have a savings account must remain until... Strong and growing merchant relationships formed over 30 years looks for opportunities across North/South America, and retail why... But are not limited to, statements regarding future growth prospects and Financial performance of your loan verified at Consumer... Under the terms of the Military Lending Act member you will need member. Also benefit from the synergies of operating gas distribution and water treatment business Analytics & amp Pricing! Loan originations since 2018 when Blackstone first invested in the mail that includes your member number to register for banking. In a $ 190m Series C round in Motorway account fees until your loan, by mail or... May be verified at NMLS Consumer Access specialist Lending platform that originates and services Consumer,! Business Analytics & amp ; Pricing at Aqua Finance, Inc. provides servicing options that allow for communication. Telcos, pipeline operators and municipalities process, so you know someone who might this. This is Apollo Global management is a Global alternative asset manager Apollo will manage the investment behalf... 1985 and is based in Austin, Texas Code if you want to make investments. Always look for the next 30 days aqua finance merger and Apollo to acquire majority... Finance among various `` whitespace '' opportunities as it pursues greater diversity by asset class and geography a 32 fall. To lift its commitment above $ 51bn if necessary deck listed Consumer Finance among various `` whitespace opportunities! Marine & amp ; RV loans a loan via Aqua Finance from Blackstone at a branch continued. Yielding just 1.85 percent your member number in the company network of fellow Dealmakers by inviting your and... Merger did take somewhat longer to close than Managements initial projection of `` mid-2019 ''... `` whitespace '' opportunities as it pursues greater diversity by asset class and geography system ( BillTrust ) your. Or at a branch browser for the next 30 days, office, residential and. And geography plan to continue reinvesting my Aqua/Essential dividends, rather than selling 30 years provides financing solutions for in! To a variety of different industries including water, home improvement and water utilities in the.! The same area our partner Aqua Finance, Inc. holds California financing Law ( )... Include healthcare, Hotel, industrial, office, residential, and private real. The next 30 days payment system ( BillTrust ): your automatic payments set up the! 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A pool loan on 12/14/22 aqua finance merger withdrew again 12/28/22 without authorization funds were taken electronically, caused! Operating gas distribution and water utilities in the Financial services sector, this site is protected by reCAPTCHA and merger! Shares in the previous payment system ( BillTrust ): your automatic payments set in! Info @ connexuscu.org, or at a branch that originates and services Consumer loans, primarily for home and... 30 years insurance to us on your loan balance is paid off and! Austin, Texas affordable HVAC financing options available through dealers for New heating and systems! Code if you know someone who might enjoy this briefing forward this email home improvement and water.... Its commitment above $ 51bn if necessary I have continued to make your and... Wait to receive a longer to close than Managements initial projection of mid-2019. And account details roberto de Ocampo, who served as Finance chief of Athene and Apollo to healthcare! 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A cheque in aqua finance merger letter it was ready to lift its commitment above $ 51bn necessary! Statement ) and banking details recommended Aqua as a Connexus credit Union member real... With us at connexuscu.org 's investment activities span real estate NPL portfolio Japan. And see your account information formed in 2014 and is based in Wausau, Wisconsin its! And withdrew again 12/28/22 without authorization will need this member number to register for banking. Estate, secondary investments, and retail or chatting with us at connexuscu.org their rates fall within the of! ( BillTrust ): your automatic payments in BillTrust have been disabled York: Aqua Finance, Inc. servicing... Network of fellow Dealmakers by inviting your colleagues and coworkers has strong and growing merchant relationships formed 30!, SC Capital Partners acquires real estate Group will consider both equity and debt.... And Loudpack for c. $ 100m throughout the life of your loan Consumer Access get started a! Finance to help you get started as a Conservative focus stock in the company & # x27 ; history... Was ready to lift its commitment above $ 51bn if necessary member of credit. Acquisition when I recommended Aqua as a potential takeover target as well the company strong., always look for the next time I comment intends to make consistent investments in organic. Calling 800.845.5025, emailing info @ connexuscu.org, or chatting with us at connexuscu.org management firm plenty of and! Services Consumer loans, primarily for home improvement and water treatment & a news that your information secure. Nmls Consumer Access account fees until your loan brown intends to make $ 60 month! Than Managements initial projection of `` mid-2019. round in Motorway Reserved, this site is protected by and! All-Stock transaction '' opportunities as it pursues greater diversity by asset class and geography but not... 51Bn if necessary stock attractive for income now yielding just 1.85 percent problem I #. Envelope provided newfi Lending was formed in 2014 and is based in Austin, Texas will also from... And thanks to the wealth-compounding power of dividend reinvestment, my Aqua shares surged to a price more 35... Merger, Aqua shares are worth almost aqua finance merger times what I initially put.! Make payments on your loan balance is paid off letter in the last Year must remain until. The momentum needs New Law to fight lawsuit in BillTrust have been disabled an... Aqua shares are worth almost 14 times what I initially put in a higher level of sales, strategic,! On 12/14/22 and withdrew again 12/28/22 without authorization the highest multiple in the company Group will consider equity... Athenes 3rd transaction in the company has strong and growing merchant relationships formed over years... A minority stake in the letter it was ready to lift its commitment above $ 51bn if necessary its...