Apollo Global Management, Inc. to acquire U.S. Silica Holdings, Inc. for $1.85 billion
Apr 26, 2024•over 1 year ago
Acquiring Company
Apollo Global Management
Acquired Company
U.S. Silica Holdings
Description
Apollo Global Management, Inc. has entered into a definitive agreement to acquire U.S. Silica Holdings, Inc. for approximately $1.85 billion in an all-cash transaction. The acquisition marks a strategic move for Apollo Funds to enhance their investment portfolio and support U.S. Silica's long-term objectives while maintaining its core values and customer-centric approach.
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