Apollo Capital Notes Deficiencies of SPAR Group Take-Private By Highwire
SPAR (SGRP) GlobeNewswire News Room·2024-10-05 04:28
Toronto, Canada, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Apollo Technology Capital Corp. ("Apollo Capital" or "we"), today expressed its concerns about the proposed take-private of SPAR Group, Inc. (NASDAQ: SGRP) ("SPAR") by Highwire Capital ("Highwire"), a middle-market private equity firm focused on performing leveraged buy-outs, and discloses the intent of its Chairman and CEO, a stockholder of SPAR, to vote against the transaction at the upcoming special meeting of SPAR stockholders. Apollo Capital contends t ...