Apollo Funds to acquire U.S. Silica Holdings, Inc. for $1.85 Billion
04/26/24, 11:07 AM
Location
new yorkIndustry
finance
U.S. Silica Holdings, Inc. has entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo, one of the world's premier investment firms. The all-cash transaction values U.S. Silica at an enterprise value of approximately $1.85 billion.
Company Info
Location
New York, New York, United States
Company info
Apollo Global Management, Inc. is a high-growth, global alternative asset manager. The company's asset management business seeks to provide clients excess return with a focus on three investing strategies: yield, hybrid, and equity. Through Athene, its retirement services business, Apollo specializes in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions.