Hellman & Friedman Acquires Goodman Global in $2.6B+ Take-Private

Hellman & Friedman, along with co-investors GSO, Farallon, and AlpInvest, completed the acquisition of Goodman Global, Inc. on February 13, 2008. The merger was effected through a cash buyout at $25.60 per share, with management rolling over a portion of their equity. The transaction was financed with a combination of sponsor equity, new senior secured debt, and the issuance of $500M in senior subordinated notes.

“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.”

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