Apollo Management Acquires Goodman Global

On December 23, 2004, Apollo Management, L.P., through its subsidiary Frio Holdings LLC, acquired the business of Goodman Global Holdings, Inc. The transaction involved acquiring all equity interests of the direct and indirect operating subsidiaries and substantially all assets and liabilities of the seller. The deal was financed with an equity contribution of approximately $477.5 million from Apollo affiliates, Goodman family trusts, and senior management, alongside a private placement of senior notes.

“On December 23, 2004, Apollo Management, L.P., or “Apollo,” through its subsidiary, Frio Holdings LLC acquired our business from Goodman Global Holdings, Inc., a Texas corporation, which we refer to as the Seller, pursuant to which we acquired all of the equity interests of the direct and indirect operating subsidiaries held by the Seller and substantially all of the assets and liabilities of the Seller, other than certain excluded assets and certain excluded liabilities.”

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