Univar Solutions Inc., a global specialty chemical and ingredient distributor, and Apollo announced that funds managed by affiliates of Apollo (the “Apollo Funds”) have entered into a definitive merger agreement to acquire the Company in an all-cash transaction that values the Company at an enterprise value of approximately $8.1 billion. The transaction includes a minority investment from…
Apollo announced that funds managed by its affiliates (the Apollo Funds) have agreed to acquire Cardenas Markets (Cardenas), a leading grocery retailer focused on serving the Hispanic community, from investment funds affiliated with KKR, a leading global investment firm. Upon completion of the transaction, Apollo Funds will combine Tony’s Fresh Market, a Chicago-based portfolio company,…
Apollo Global Management, Inc. has announced that funds managed by its affiliates have completed the previously announced acquisition of EmployBridge, an industrial staffing company in the United States. “This new strategic partnership with Apollo is a tremendous milestone for our company that will fuel our growth journey and energize our teams as they focus on…
Platinum Equity announced that it has entered into a definitive agreement to acquire McGraw Hill, a global leader in educational content and digital platforms, from funds (the Apollo Funds) managed by affiliates of Apollo Global Management, Inc. (together with its consolidated subsidiaries, “Apollo”) for a purchase price of approximately $4.5 billion. Founded in 1888, McGraw Hill…