Apollo Funds managed by affiliates to acquire U.S. Silica Holdings, Inc. in all-cash transaction
Jul 16, 2024•over 1 year ago
Acquiring Company
Apollo Global Management
Acquired Company
U.S. Silica Holdings
Description
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.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed