Deal closed Feb 2008 · Houston, Texas Verified
Hellman & Friedman Acquires Goodman Global in $1.1B+ Take-Private Merger
On February 13, 2008, Hellman & Friedman LLC completed the acquisition of Goodman Global, Inc. through a merger with its subsidiary Chill Acquisition, Inc. The deal was financed with approximately $1,114.7 million in equity from H&F, $127.5 million from co-investors (GSO, Farallon, AlpInvest), $36.1 million from management rollover, $500 million in senior subordinated notes, and $905 million in senior secured credit facilities.
“On October 21, 2007, Chill Holdings, Inc. (which we refer to as Parent), Chill Acquisition, Inc., a subsidiary of Parent (which we refer to as Merger Sub), and Goodman Global, Inc. entered into an agreement and plan of merger (the Merger Agreement) pursuant to which Merger Sub merged with and into Goodman Global, Inc. on February 13, 2008.”
Entities
Goodman Global Group Inc. · Target Hellman & Friedman LLC · Acquirer AlpInvest Partners · Sponsor Farallon Capital Partners, L.P. · Sponsor GSO · Sponsor
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.