Fundraise Dec 2004 · Houston, Texas Verified
Equity Contribution for Goodman Acquisition
Affiliates of Apollo, Goodman family trusts, and senior management contributed approximately $477.5 million in cash as common equity to finance the acquisition of Goodman Global. The Goodman family trusts invested approximately $101 million and senior management invested approximately $18.2 million.
“In connection with the Acquisition, affiliates of Apollo, certain trusts related to members of the Goodman family, which we refer to as the “Goodman family trusts,” and certain members of our senior management contributed approximately $477.5 million in cash to Goodman Global, Inc., which in turn was contributed to us as common equity, which we refer to as the “Equity Contribution”.”
Entities
Apollo Global Management · Sponsor Goodman Global Holdings, Inc. · Target
HVAC Sentiment: Neutral
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.