Apollo Global Management has agreed to invest $300 million in CH2M, a provider of infrastructure and natural resource solutions. The deal, which reportedly values the company at $2 billion, is expected to close in 2Q. Upon completion, Apollo will invest $200 million in convertible preferred stock in CH2M, while an additional $100 million investment will occur within one year after closing. Apollo will hold two of six independent director seats on the company's Board. With annual gross revenues of $5.5 billion, CH2M employs more than 25,000 people and operates in more than 90 countries.