Goldman Sachs Merchant Banking to Buy Boyd Corp. From Genstar Capital

Date : 07/11/2018 @ 8:24PM
Source : Dow Jones News

Goldman Sachs Merchant Banking to Buy Boyd Corp. From Genstar Capital

   By Josh Beckerman 
 

Goldman Sachs Group Inc.'s (GS) Merchant Banking Division has agreed to buy thermal management and environmental sealing products company Boyd Corp. from private-equity firm Genstar Capital.

A Boyd statement Wednesday didn't include the deal price. Genstar bought Boyd in 2015.

Moody's Investors Service said in February that it expected Boyd to post 2018 revenue of about $1 billion on a pro forma basis, reflecting the purchase of Action Fabricators.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

July 11, 2018 20:09 ET (00:09 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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