Stonepeak completed the acquisition of the safety business of Apollo-backed Intrado for $2.4bn.

Stonepeak, an alternative investment firm specializing in infrastructure and real assets, completed the acquisition of the safety business of Apollo-backed Intrado, a provider of technology enabled services, for $2.4bn. "I am pleased that the Safety team will continue to advance their vision as part of the Stonepeak portfolio, benefitting from their experience and success in investing in a wide range of digital infrastructure companies over the past decade. I remain excited about Intrado’s future given Digital Workflows, Notified, and Mosaicx are industry leaders in each market they serve," John Shlonsky, Intrado President and CEO.