Rebuilding Catalina during the legacy soft market

Adam McNestrie,

28 October 2021

A lot has changed in the four years since global investment firm Apollo agreed to buy out the remainder of Catalina at a valuation of 1.25x book, or ~$900mn.

At that point Apollo was buying the #2 player in the legacy sector, and a business with a track record of strong growth and attractive returns.

But

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Topics

News Catalina Regulation Legacy

Adam McNestrie

Editor-at-Large

Ben Wylie

Lead Data Journalist