PE Firms Seek Manufacturing Company Buyout


March 13, 2014

This week’s buyout of the week is USD 5.5 billion acquisition of Gates Global. PE investors, Blackstone Group and TPG are reportedly in the running for the Denver-based manufacturing company, according to the WSJ. The company is also mulling an IPO. If a deal is struck, says the WSJ, it would be the second-largest private-equity buyout of the year after Cerberus Capital acquisition of Safeway for USD 9.5 billion.

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