https://www.aquafinance.com/faq/customers/, You are welcome to make a payment over the phone. 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. That $5 was deposited by Aqua Finance to help you get started as a Connexus Credit Union member. Athene was formed in 2008 and is based in Pembroke, Bermuda. We work with dealers and contractors to put owning a pool or hot tub within reach. This is a BETA experience. 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. Scroll down to read deal descriptions. Diamonds Direct was formed in 1995 and is based in Charlotte, North Carolina. Utmost Group completed the acquisition of Quilter International for $665m. You will notice your new Connexus share savings account currently has a balance of $5. Since then, shares have appreciated by more than 50 percent. Submit your proof of insurance. 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. Large holders include Liberty Mutual Holding Co. Inc. and the groups led by New York Life Insurance Co., Massachusetts Mutual Life Insurance Co. and American Family Mutual Insurance Co. SI. You will need this member number to register for aDigital Banking accountwhere you can view and make payments on your loan. (FS). We help dealers finance critical water purification and filtration systems. Check out our rates. 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. The company's financial sponsor support through meaningful equity funding of acquisitions helps to somewhat mitigate the integration, leverage and cash flow risks of the transactions, and the. You can reach us by calling 800.845.5025, emailing info@connexuscu.org, or chatting with us at ConnexusCU.org. In fact, its cheap compared to neighboring York Water (NSDQ: YORW) selling at 40 times. 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. 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. If you know someone who might enjoy this briefing forward this email. 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. (FS). This is Apollo Global Managements 34th and Athenes 2nd largest (disclosed) transaction. AJGs merger and acquisition pipeline is quite strong with about $400 million revenues associated with nearly 50 term sheets either agreed upon or being prepared. You can see the complete list of todays Zacks #1 Rank (Strong Buy) stocks here. We do this by using extraordinary people and flexible capital to help companies solve problems. 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. 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. To ensure you're accessing Aqua Finance directly and that your information is secure, always look for the www.aquafinance.com URL above. 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. Learn more about our water treatment financing, Learn more about our home improvement financing, Learn more about our pool and spa financing, Learn more about our recreation financing. A translation of commonly used terms is available on the NYC Department of Consumer and Worker Protection website at nyc.gov/dca. JP Morgan to back KKR's $51bn financing in TIM deal. Nick was one of the first employees of the Environmental Protection Agency in 1972, and later served in the cabinet of former Pennsylvania Governor Richard Thornburg. Aqua Finance provides fast, flexible financing programs to a variety of different industries including water, home improvement and HVAC. To learn more, please visit www.apollo.com. Access our detailed step-by-step instructions on how to use PayNearMe. We require you to maintain insurance throughout the life of your loan. 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. DNA Capital to acquire a 25% stake in Inspirali from Anima Holding for $179m. We assist contractors to make home improvements happen. Stay competitive and sell more products and services to more customers. 30 November 2021 Apollo-backed Athene agreed to acquire Aqua Finance, a consumer lending platform, from Blackstone Group for about $1 billion. You will need to register and set up your Autopay preferences in PayNearMe. Because of this, it caused a NSF fee with my bank. Aqua also attracted a $750 million equity investment from the Canada Pension Plan Investment Board. Riverbed delivers application performance for the globally connected enterprise. Ventia Services is a provider of infrastructure services in Australia and New Zealand. Aqua Finance withdrew funds for a pool loan on 12/14/22 and withdrew again 12/28/22 without authorization. (FS), Pivotal bioVenture Partners led a $100m Series C round in HotSpot Therapeutics. 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. How much does Aqua Finance pay an hour? 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. CNH Industrial completed the acquisition of Raven Industries for $2.1bn. Its an easier way to make your payments and see your account information. (Financial Sponsors), Innovid went public via a SPAC merger with ION Acquisition 2 in a $1.3bn deal. Forward-looking statements within this press release include, but are not limited to, statements regarding future growth prospects and financial performance. 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. 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. The history of M&A is packed with examples of acquiring companies losing their way after entering a new business. How much does Aqua finance pay? 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. November 29, 2021 16:30 ET The merger is expected to close in January. Apollo Global Management is a global alternative investment firm. If you have automatic payments set up in the previous payment system (BillTrust): Your automatic payments in BillTrust have been disabled. Blackstone would also maintain a minority stake in the company. The addition of Aqua Finance will increase Apollos current $80 billion annual run-rate of asset origination across its platforms, which span commercial and consumer lending. Its five-year target for originations from those platforms is $60 billion or more, according to an October presentation. Please be aware that websites may be impersonating Aqua Finance. (FS), Monomoy Capital Partners to acquire Thetford from The Dyson-Kissner-Moran. UK competition regulator tells Facebook owner Meta to sell GIF maker Giphy. (FS), Athene and Apollo to acquire a majority stake in Aqua Finance from Blackstone at a $1bn valuation. With $731 billion in assets under management, Blackstone is the worlds largest alternative investment firm. GUD Holdings to acquire AutoPacific Group from Pacific Equity Partners for $531m. As per the transaction, Aqua Finance, Inc.'s management has largely remained unchanged. The securitization program has attracted broad participation from within the insurance industry, though not yet from Athene. | Source: 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. 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 From a yield perspective, the company targets outperformance through those platforms of between 100 and 200 basis points over liquid corporates. All rights reserved. A translation of commonly used terms is available on the NYC Department of Consumer and Worker Protection website at nyc.gov/dca. No, we have waived all savings account fees until your loan balance is paid off. 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. 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. PayNearMe is Aquas new payment portal. Your suggestions and comments support the democratisation of M&A data. 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. This Zacks Rank #2 (Buy) insurer expects that its inorganic growth channel will continue to be an important driver in the future.Given the insurance industrys adequate capital level, players like Arthur J. Gallagher & Co. AJG and Brown and Brown Inc. BRO are pursuing strategic mergers and acquisitions.Recently, Arthur J. Gallagher & Co. acquired Real Estate Insurance Solutions to consolidate its real estate portfolio. We also accept payments using the Faster Payment Service. Apollo Global Management, Inc. Blackstone to Maintain Minority Investment in Aqua Finance, Specialist Platform on Track to Originate $2 Billion of Loans in 2021. 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. But its very difficult to see shares making real headway any time soon from these levels. Before you start, gather your 9-digit numeric account number (from your last statement) and banking details. Enter your Account Number and ZIP Code if you want to make a quick one-time paymentwithout accessing your online account. Apollo Global Management, Inc. Register today to see your account information and make your payments. Aqua Metals, Inc. (AQMS) Stock Forum & Discussion - Yahoo Finance Finance Home Watchlists My Portfolio Crypto Yahoo Finance Plus News Screeners Markets Videos Personal Finance Industries. This is Apollo Global Managements 1st and Athenes 1st transaction in Wisconsin. Buying Aqua, which has less than one-quarter its market capitalization, would greatly accelerate that goal. And the combined company will also benefit from the synergies of operating gas distribution and water utilities in the same area. (FS) HashiCorp seeks $13bn valuation in IPO. Tamas Mir is a Senior VP, Business Analytics & Pricing at Aqua Finance based in Wausau, Wisconsin. A higher level of sales, strategic investments, and sufficient liquidity should help shares retain the momentum. In fact, its likely that buying Peoples will accelerate Aquas already upper single digit underlying earnings growth rate, possibly by a couple percentage points. To ensure youre accessing Aqua Finance directly and that your information is secure, always look for the www.aquafinance.com URL above. Whats Next For Target Stock After A 32% Fall In The Last Year. 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. We are Your Financing Partner in Water Treatment, Home Remodeling & Improvements, HVAC, Marine, Powersports, RV and More. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Under the terms of the transaction, New York-headquartered global alternative asset manager Apollo will manage the investment on behalf of Athene. That $5 was deposited by Aqua Finance to help you get started as a Connexus Credit Union member. content |. Please allow at least 3 working days before the due date shown. esgSubNav, Discover more about S&P Globals offerings, Global Credit and Risk Symposium: Unlocking Possibilities, JW Marriott Sao Paulo Av. My bank account was in the black until Aqua Finance caused this. If you would prefer not to receive paper statements in the mail, heres how to subscribe to eStatements. Make a payment Dealer Portal ES About Dealers Borrowers Contact FAQs Careers U.S. states benefit from installment sale financing. Aqua Finance estimates originations to reach $2 billion in 2021.The addition of Aqua Finance will boost Apollos $80 billion annual run-rate of asset origination across commercial and consumer lending platforms. JP Morgan said in the letter it was ready to lift its commitment above $51bn if necessary. Led a $ 1.3bn deal and Banking details the history of M & a data Finance critical purification. 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