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.
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(END) Dow Jones Newswires
July 11, 2018 20:09 ET (00:09 GMT)
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