Leadership change Feb 2008 · Houston, Texas Verified
Management Rolls Equity into Hellman & Friedman Acquisition
Members of Goodman's senior management invested $36.1 million in equity securities of the new parent company, Chill Holdings, Inc., and exchanged a portion of their vested options for new options in the parent entity, aligning management with the new private equity ownership.
“members of our management made $36.1 million of equity investments in the company through the acquisition of common stock of Parent. In addition, members of our management rolled certain existing Goodman Global, Inc. options into Parent options.”
Entities
Hellman & Friedman LLC · Sponsor Goodman Global Inc. · Target
HVAC Sentiment: Positive
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