Apollo completed the acquisition of U.S. Silica for $1.85bn.

Apollo, an investment firm, completed the acquisition of U.S. Silica, a diversified industrial minerals company, for $1.85bn. "The closing of this transaction with Apollo Funds begins an exciting new chapter in the storied history of U.S. Silica. In Apollo Funds, we have found an experienced partner who shares with us an aligned vision for future growth. Our ability to take this step from a position of strength is a testament to the Company's excellent foundation and the dedication of our employees. We look forward to executing on the growth opportunities in front of us," Bryan Shinn, U.S. Silica CEO.