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KKR to Sell GeoStabilization International to Leonard Green & Partners
Sep 26, 2024•almost 2 years ago
Contract Type
partnership
New YorkFinancial ServicesFinanceVenture CapitalAngel InvestmentPublic Safety
Description
KKR has announced an agreement to sell GeoStabilization International to Leonard Green & Partners, L.P. The sale delivers a return of five times the equity invested by KKR, and all GSI employees will receive substantial cash payouts on their ownership stakes in the Company.
Company Information
Company
Leonard Green & Partners L.P
Location
New York, United States
About
Leonard Green & Partners (LGP) is a leading private equity investment firm that partners with company management to make investments in middle-market companies. The firm specializes in providing strategic support and guidance to help businesses grow and achieve their long-term objectives.
New YorkFinancial ServicesFinanceVenture CapitalAngel InvestmentPublic Safety