Apollo Funds Acquire Majority Stake in Bold Production Services

Apollo Funds Acquire Majority Stake in Total Operations and Production Services (TOPS)

June 8, 2021

Energy

Funds managed by affiliates of Apollo Global Management acquired a majority interest in Total Operations and Production Services, LLC (TOPS) from Black Bay Energy Capital. The investment will support TOPS' continued growth as a provider of low-emission, electric-driven gas compression services in the Permian Basin and expand its capabilities to serve growing demand for electrified compression solutions.

Apollo-Managed Funds Acquire Majority Stake in Freedom CNG

September 12, 2024

Energy

Apollo-managed funds acquired a majority interest in Freedom CNG, a Houston-based owner and operator of compressed natural gas (CNG) and renewable natural gas (RNG) fueling stations. The investment will support Freedom's organic and inorganic growth to expand RNG/CNG fueling infrastructure for transportation fleets, municipalities and other high-volume fuel users.

Apollo Infrastructure Funds Acquire Majority Stake in Modern Aviation

November 2, 2023

Aerospace & Defense

Apollo-managed infrastructure funds will acquire a majority stake in Modern Aviation, a U.S. fixed-base operator (FBO) platform. Tiger Infrastructure Partners (the current owner) and Modern Aviation’s management will reinvest alongside Apollo to support growth and network expansion across Modern’s 16-site portfolio.

Apollo Funds Make Strategic Equity Investment in PetSmart

July 24, 2023

Retail

Funds managed by affiliates of Apollo Global Management have agreed to make a strategic equity investment in PetSmart, with BC Partners and its co-investors (including GIC and PetSmart management) remaining majority shareholders and retaining board control. The investment is intended to support PetSmart’s growth and operational initiatives across its omnichannel retail and services business; the transaction is expected to close in Q4 2023 and terms were not disclosed.

Apollo Funds Makes Strategic Investment in T.D. Williamson

June 10, 2025

Energy

T.D. Williamson (TDW), a global leader in pipeline infrastructure technology and services, received a strategic minority investment from funds managed by Apollo Global Management. SCF Partners, which acquired TDW in June 2022, will remain the majority owner as Apollo provides growth capital to support TDW's strategic growth initiatives and global expansion.

Apollo Funds Complete Acquisition of Barnes Group

January 27, 2025

Manufacturing

Funds managed by affiliates of Apollo Global Management have completed the all-cash acquisition of Barnes Group Inc. for an enterprise value of approximately $3.6 billion. The transaction takes Barnes private—Barnes shareholders received $47.50 per share—and Apollo said it will support the company’s transformation strategy and growth across aerospace and industrial end markets.