Goldman Sachs Merchant Banking to Buy Boyd Corp. From Genstar Capital
July 11 2018 - 8:24PM
Dow Jones News
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)
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