The New Home Company to acquire Apollo Global Management for $338m.

The New Home Company, a real estate services company, agreed to acquire Apollo Global Management, a private equity firm, for $338m. “As consumer demand for new homes accelerates amid limited supply, we continue to see exciting opportunities to invest in the residential housing market. New Home’s consumer-driven approach and dedicated focus on integrating unique design and architecture has separated the Company as a best-in-class homebuilder. We are excited to work with the management team to execute on the Company’s growth strategy and provide more homes to consumers across the country," Peter Sinensky, Apollo Partner.