Apollo Funds managed by affiliates to acquire U.S. Silica Holdings, Inc. in all-cash transaction
07/16/24, 8:19 PM
Location
Industry
finance
U.S. Silica Holdings, Inc., a diversified industrial minerals company and leading last-mile logistics provider to the oil and gas industry, has announced the approval of its acquisition by funds managed by affiliates of Apollo Global Management, Inc. The acquisition will further enhance Apollo’s investing expertise and expand its global alternative asset management business.
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.