Thoreau Group in Talks to Acquire Ensemble Health Partners for Approximately $12B
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 12 2026
0mins
Matt Holt's investment firm Thoreau Group, which is backed by Apollo Global, is in advanced discussions to acquire Ensemble Health Partners in a deal that would value the company at roughly $12B, Bloomberg's Michelle Davis and Ryan Gould report, citing people familiar with the matter. An agreement could be signed imminently, the authors note.
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Analyst Views on APO
Wall Street analysts forecast APO stock price to rise
11 Analyst Rating
10 Buy
1 Hold
0 Sell
Strong Buy
Current: 138.910
Low
136.00
Averages
164.45
High
182.00
Current: 138.910
Low
136.00
Averages
164.45
High
182.00
About APO
Apollo Global Management, Inc. is a global alternative asset manager and a retirement services provider. It operates through three segments: Asset Management, Retirement Services and Principal Investing. The Asset Management segment focuses on three investing strategies: yield, hybrid, and equity. These strategies reflect the range of investment capabilities across its platform based on relative risk and return. The Retirement Services business is conducted by Athene Holding Ltd (Athene), a financial services company that specializes in issuing, reinsuring, and acquiring retirement savings products designed for the increasing number of individuals and institutions seeking to fund retirement needs. Athene product lines include annuities and funding agreements. The Principal Investing segment includes realized performance fee income, realized investment income from its balance sheet investments, and certain allocable expenses related to corporate functions supporting the entire company.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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See More
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- Deepening Tech Collaboration: The deal utilizes a Special Purpose Vehicle (SPV) to purchase Tensor Processing Units (TPUs) from Google, which will be leased to Anthropic, allowing the company to keep hardware off its balance sheet and providing financial flexibility ahead of its upcoming IPO.
- Surging Memory Demand: As AI data centers expand, Micron, one of only three companies capable of producing high-bandwidth memory at scale, stands to benefit from the increasing demand for memory, despite the deal primarily relying on Google's TPUs rather than Nvidia's GPUs.
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