This extraction is sourced from Atlas Air Worldwide's 8-K press release exhibit (Exhibit 99.1) filed with the SEC on March 17, 2023, announcing completion of the previously announced acquisition.
Morgan Stanley & Co. LLC served as exclusive financial advisor to Atlas, the target. On the buy side, Evercore acted as lead financial advisor to the investor group, with Barclays, Goldman Sachs, and Mizuho Bank serving as additional (non-lead) financial advisors to the same investor group.
On the legal side, Cravath, Swaine & Moore LLP served as Atlas's legal advisor, while Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal advisor to Apollo and the investor group entity, and Jones Day provided legal advice specifically to J.F. Lehman & Company and Hill City Capital.
Following completion, Atlas Air Worldwide continued to operate under its existing name, led by President and CEO John Dietrich and the company's existing executive leadership team, and continued to maintain its global presence as the parent of Atlas Air, Inc. and Titan Aviation Holdings, Inc., and majority shareholder of Polar Air Cargo Worldwide, Inc.
The press release does not disclose the aggregate equity or enterprise value of the transaction (only the $102.50 per-share cash price), nor does it disclose the specific advisory fees paid to Barclays or any of the other financial advisors involved, or the relative equity contributions of Apollo, J.F. Lehman, and Hill City Capital within the investor group.