SCI Capital Partners announced that it has closed a structured continuation vehicle transaction in partnership with funds managed by Apollo to support the continued growth of SCI owned companies Morton Salt and Reddy Ice. SCI will continue to control both companies. Apollo Funds anchored the transaction with support from a high-quality syndicate of new institutional investors. SCI continues to control both companies while benefitting from the strategic support, sector and operational expertise of the Apollo platform. SCI legacy investors and company management teams remain significant investors.
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