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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

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.