Apollo Funds Acquire U.S. Silica Holdings

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.

Apollo, J.F. Lehman & Hill City Capital Acquire Atlas Air Worldwide for $5.2 Billion

March 17, 2023

Transportation

An investor group led by funds managed by affiliates of Apollo, together with J.F. Lehman & Company and Hill City Capital, acquired Atlas Air Worldwide for an enterprise value of approximately $5.2 billion, paying $102.50 per share in cash. Atlas Air Worldwide will become privately held and continue operating under its existing leadership to accelerate execution of its strategic plan and capitalize on long-term demand for global air cargo services.

Apollo Funds to Acquire Tenneco for $7.1 Billion

February 23, 2022

Manufacturing

Funds managed by affiliates of Apollo Global Management will acquire automotive parts manufacturer Tenneco in an all-cash transaction valuing the company at approximately $7.1 billion including debt. Tenneco shareholders will receive $20.00 per share (a roughly 100% premium), and the company will be taken private to allow Apollo to invest in its product categories and global operations.

Apollo Funds Acquire The New Home Company

September 8, 2021

Real Estate

Funds managed by affiliates of Apollo Global Management completed a cash tender offer and merger to acquire The New Home Company. The transaction resulted in The New Home Company becoming a privately held, indirect wholly-owned subsidiary of the Apollo funds, with remaining shares converted to $9.00 per share in cash.

Apollo Funds Acquire Univar Solutions (minority investment from ADIA)

August 1, 2023

Industrial Services

Apollo Funds completed a take-private acquisition of Univar Solutions, acquiring all outstanding shares for $36.15 per share; a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) made a minority investment in the deal. Univar Solutions will continue to operate under its name with management remaining in place, and Apollo cited plans to accelerate growth, expand capabilities and pursue strategic initiatives across Univar's global chemical and ingredients distribution platform.

Athene and Apollo Acquire Majority Stake in Aqua Finance at ~$1B Valuation

November 29, 2021

Financial Services

Athene agreed to acquire a controlling stake in Aqua Finance, a Wisconsin-based consumer lending platform, from funds managed by Blackstone Tactical Opportunities at a valuation of approximately $1 billion. Apollo will manage the investment on behalf of Athene, while Blackstone will retain a minority stake; the investor group plans to support growth through technology investments and expanded origination capacity.