List of private capital acquistions in 2007

List of private capital acquistions in 2007

The rise of private capital in the 2000s has been noted as an economic phenomenon, particularly in the post Sarbanes-Oxley era. 2007 saw continuing acquisition of public companies or assets by private, non-reporting capital as well as private-to-private sales.

*On June 28, 2007, GM announced that it was selling its Allison unit to private equity firms The Carlyle Group and Onex Corporation, in a deal valued at $5.6 billion. The transaction closed on August 7, 2007.

*On July 9, 2007, Limited Brands announced it would sell 75% of its Limited clothing chain to Sun Capital Partners, Inc.

*In 2007 Enterprise agreed to purchase a controlling share in Vanguard Automotive Group (parent company of Alamo and Budget from Cerberus Capital Management. Sale completed August 1, 2007.

*On May 14, 2007 DaimlerChrysler AG announced the sale of 80.1% of Chrysler Group to American equity firm Cerberus Capital Management, L.P., although Daimler continues to hold a 19.9% stake. Chrysler LLC is the new name. The deal was finalized on August 3, 2007.

*Announced on July 23, 2007, Cerberus agreed to acquire United Rentals, Inc., North America's largest equipment rental service. The transaction was valued at $6.6 billion, including the assumption of approximately $2.6 billion in debt obligations.

*On 6 August 2007, McDonald's announced plans to sell Boston Market to Sun Capital Partners a transaction that was completed on August 27, 2007. Sun also acquired Friendly's for $337 million this month.

*In November, Sun purchased American Standard Americas from Bain Capital.


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