Deal announced Nov 2004 · Houston, United States Verified
Apollo Management to acquire Goodman for ~$1.43 billion
Goodman Global Holdings (parent of Goodman Manufacturing, the #2 US residential/light-commercial HVAC manufacturer) signed definitive agreements to be acquired by private investment firm Apollo Management for about $1.43 billion, with the Goodman family and senior management retaining stakes.
“Goodman Global Holdings Inc. and Apollo Management L.P. announced that they have signed definitive agreements under which Apollo will acquire Goodman for approximately $1.43 billion.”
Entities
Apollo Global Management · Acquirer Goodman Global Holdings Inc. · Target Goodman Manufacturing · Target
HVAC Sentiment: Positive
Source: www.achrnews.com
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