Apollo Strategic Growth Capital II *

Apollo Strategic Growth Capital II *

Jan 6, 2021 by Kristi Marvin

LIQUIDATION – 11/10/23 – LINK

  • The Company anticipates that the last day of trading in the Class A ordinary shares will be November 27, 2023.
    • The per-share redemption price will be approximately $10.58

EXTENSION – 5/8/23 – LINK

  • The SPAC approved the extension from May 12, 2023 to February 12, 2024.
    • 51,089,882 shares were redeemed at the meeting for $10.25 per share.
    • No contribution will be made into the trust account.

SUBSEQUENT EVENT – 4/25/23 – LINK

  • The SPAC amended its previous non-redemption agreement with an unaffiliated third party in exchange for them agreeing not to redeem an aggregate of 1,500,000 shares
    • The Sponsor will transfer 300,000 Class B shares to the non-redeeming shareholder

SUBSEQUENT EVENT – 4/18/23 – LINK

  • The SPAC entered into a non-redemption agreement with an unaffiliated third party in exchange for them agreeing not to redeem an aggregate of 650,413 shares
    • The Sponsor will transfer 162,603 Class B shares to the non-redeeming shareholder

SUBSEQUENT EVENT – 12/27/22 – LINK

  • The SPAC entered into a non-binding letter of intent that sets forth the preliminary terms and conditions of a potential initial business combination consistent with the Company’s investment criteria.
    • As a result, the Company now has until May 12, 2023 to complete its initial business combination.

MANAGEMENT & BOARD


Executive Officers

Sanjay Patel, 59
Chief Executive Officer and Director

Mr. Patel is Chairman International and Senior Partner of Private Equity of Apollo, with responsibility for helping to build and develop Apollo’s international businesses. He is currently a member of Apollo’s Management Committee and Private Equity Investment Committees and was formerly Head of Europe and managing partner of Apollo European Principal Finance. Mr. Patel is also the Chief Executive Officer and a member of the board of directors of APSG I. He currently serves on the board of directors of Tegra Apparel; he previously also served on the boards of directors of Amissima Holdings, Brit Insurance, Countrywide PLC and Watches of Switzerland. Mr. Patel joined Apollo in 2010 as Head of International Private Equity. Prior to Apollo, Mr. Patel was a partner at Goldman, Sachs & Co., where he was co-head of European and Indian Private Equity for the Principal Investment Area (PIA), a member of the Goldman Sachs Partnership Committee and a member of the Investment Committee of the Goldman Sachs Foundation. Prior thereto, he was President of Greenwich Street Capital. Mr. Patel is a member of the Harvard Graduate School of Design Dean’s Leadership Council and the Stanford Graduate School of Business Advisory Council. He also serves on the Investment Committee of the Eton College Foundation and is a member of the Eton Development Advisory Council. He received his AB and SM engineering degrees, magna cum laude, from Harvard College and received his MBA degree from the Stanford Graduate School of Business, where he was an Arjay Miller Scholar. He was educated at Eton College in the UK, where he was a King’s Scholar.


James Crossen, 47
Chief Financial Officer and Chief Accounting Officer

Mr. Crossen is the Chief Financial Officer of APSG I and Spartan II, and is Chief Financial Officer for Private Equity and Real Assets at Apollo, having joined Apollo in 2010. Prior to that time, Mr. Crossen was a Controller at Roundtable Investment Partners LLC. Prior thereto, Mr. Crossen was a Controller at Fortress Investment Group. Prior to that time, Mr. Crossen was a member of the Funds Management and Tax Group at JP Morgan Partners LLC. Mr. Crossen is a Certified Public Accountant in New York. Mr. Crossen served in the United States Marine Corps and graduated summa cum laude from the University of Connecticut.


 

Board of Directors

Scott Kleinman, 47
Executive Chairman of Board of Directors

Mr. Kleinman is Co-President of Apollo Global Management, Inc., sharing responsibility for all of Apollo’s revenue-generating and investing businesses across its integrated alternative investment platform. Mr. Kleinman, who focuses on Apollo’s equity and opportunistic businesses as well as its financial institutions and insurance activities, joined Apollo in 1996, and in 2009 he was named Lead Partner for Private Equity. Mr. Kleinman currently serves on the board of directors of Athene Holding Ltd. and APSG I and previously served on the boards of directors of Vectra, Momentive Performance Materials, Hexion, Constellis Group and CH2M Hill Companies. Prior to joining Apollo, Mr. Kleinman was a member of the Investment Banking division at Smith Barney Inc. In 2014, Mr. Kleinman founded the Kleinman Center for Energy Policy at the University of Pennsylvania. He is a member of the Board of Overseers at the University of Pennsylvania Stuart Weitzman School of Design. Mr. Kleinman received a BA and BS from the University of Pennsylvania and the Wharton School of Business, respectively, graduating magna cum laude, Phi Beta Kappa.


Angela Sun, 46
Director

Ms. Sun is Chief Operating Officer and Partner at Alpha Edison, a venture capital firm. She spent ten years at Bloomberg LP, serving as Global Head of Strategy and Corporate Development and as Chief-of-Staff to Bloomberg’s CEO. In her positions at Bloomberg, Ms. Sun led the company’s largest transformation effort, M&A, commercial partnerships, strategic planning, and new business developments across the media, financial products, enterprise and data businesses. Prior to joining Bloomberg LP, Ms. Sun was a Senior Policy Advisor in the Bloomberg Administration, where she oversaw a citywide portfolio of economic development agencies and led urban planning and real estate projects. Ms. Sun has also held various positions at the management consultancy McKinsey & Company, at the investment bank J.P. Morgan, and at the Henry L. Stimson Center, a non-partisan international security and defense analysis think tank. Ms. Sun graduated summa cum laude from Harvard College and holds a J.D. from Harvard Law School. Ms. Sun currently serves on the Board of Directors of The Western Union Company (NYSE:WU), Maxim Crane Works, L.P. and on a number of non-profit organizations in various capacities.


Melvin Parker, 53
Director 

Since December 2017, Mr. Parker has served as President and Chief Executive Officer of Take The Limits Off, LLC, a leadership development, executive coaching and business consulting firm. Mr. Parker has served as Managing Director for North America for Aggreko plc, the leading global provider of modular, mobile power and adjacent product solutions and as Senior Vice President and General Manager for Residential and Commercial Energy Solutions at Enphase Energy, Inc., a global energy technology company. Mr. Parker previously served as President of North America for the Brink’s Company, a major provider of armored transportation services in North America. Before joining Brink’s in 2012, Mr. Parker served as Vice President and General Manager of the North America Consumer and Small Business Division at Dell, Inc From 1994 until 2009, he held numerous senior leadership roles at multiple Fortune 500 Companies, including PepsiCo., Corporate Express (Staples) and Newell Rubbermaid. Mr. Parker is a decorated combat veteran and graduate of the U.S. Army Ranger and Airborne School. He served with distinction in the 82nd Airborne Division at Fort Bragg, N.C. He currently serves as an independent director for Vectrus (NYSE/VEC) and COINSTAR. Mr. Parker received a Bachelor’s degree in Computer Science from the U.S. Military Academy at West Point.


Nathaniel Lipman, 56
Director 

Mr. Lipman served as Executive Chairman of CX Loyalty Holdings, Inc. (FKA Affinion Group Holdings, Inc.) from 2012 until November 2015, when he stepped down from that position, but continues to be actively involved as a Senior Advisor to the CEO. Prior to being named Executive Chairman, Mr. Lipman was named President and Chief Executive Officer in October 2005, when CX Loyalty was formed through the purchase of assets from Cendant Corporation by a coalition of certain selected management from the Cendant Marketing Services Division and Apollo Management L.P. Mr. Lipman joined Cendant in June 1999 as Senior Vice President, Corporate Development and Strategic Planning. After a series of increasing responsibilities in business development and marketing, he was named President and CEO of Cendant’s domestic membership business, Trilegiant, in 2002 and named President and CEO of the Cendant Marketing Services Division in April 2004. In addition to serving as a Senior Advisor to CX Loyalty, Mr. Lipman is a Senior Advisor to FTD, LLC where he is also a member of the Board of Directors and Chairman of the Audit Committee. Mr. Lipman is also a member of the Board of Directors of Trusted Media Brands, Inc., Diamond Resorts International, Inc. and Redbox Automated Holdings, LLC. Previously, Mr. Lipman also served as a member of the Board of Directors of Evertec, Inc., Exela Technologies, Inc., Walker Digital Holdings, LLC, RDA Holdings, Inc., Novitex Enterprises, Inc., Netmarket Group, Inc., Walker Innovation, Inc., and a Special Advisor to the Chairman of the Upside Travel Group, LLC where he was a Founding Member of the Board of Managers. Mr. Lipman received his B.A. from UC Berkeley in 1986 and his Juris Doctorate from UCLA in 1989.