Buy Chamberlain Group Blackstone

Blackstone Group Inc. has agreed to acquire Chamberlain Group LLC in a deal valuing a family-owned manufacturer of LiftMaster garage door openers for about $ 5 billion, including debt, officials from both companies said.

Private-equity giants trade through their core private-equity funds. This fund aims to buy quality companies and hold them longer than regular buyout funds. Blackstone is a family-owned Duchossois Group Inc, which consists of a business company and an investment company. Buy Chamberlain from. Duchossois will hold two board seats and a significant minority interest in the business after the transaction is closed.

Buy Chamberlain Group Blackstone

Source link Buy Chamberlain Group Blackstone

Back to top button