Express Energy Services to be acquired by funds managed by affiliates of Apollo Global Management

Funds managed by affiliates of New York-based Apollo Global Management LLC NYSE: APO and participating company management will acquire Houston-based Express Energy Services from its existing shareholders.Financial terms of the deal were not disclosed, the oilfield services company said Oct. 24, and it is expected to close in the fourth quarter. Express has approximately 1,700 employees in more than 30 locations, and it will continue to be headquartered in Houston.

via Express Energy Services to be acquired by funds managed by affiliates of Apollo Global Management – Houston Business Journal.

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