Acropolis Infrastructure Acquisition, a blank check company formed by Apollo targeting infrastructure and infrastructure services in North America, raised $300 million by offering 30 million units at $10 per unit. Each unit contains one share of common stock and one-third of a warrant, exercisable at $11.50.
The company is led by CEO and Director Geoffrey Strong, a Senior Partner and Co-Lead of the Global Infrastructure and Natural Resources groups at Apollo, and Chairman Dylan Foo, a Senior Partner and Co-Lead of the Global Infrastructure platform at Apollo. The company plans to target the infrastructure, infrastructure services, and related sectors in North America.
Acropolis Infrastructure Acquisition plans to list on the NYSE under the symbol ACRO.U. Credit Suisse, Apollo Global Securities, Citi, Barclays, and Evercore ISI acted as lead managers on the deal.
