- 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 firmsThe Carlyle Group andOnex 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 toSun Capital Partners , Inc.*In 2007
Enterprise agreed to purchase a controlling share inVanguard Automotive Group (parent company ofAlamo andBudget fromCerberus 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 sellBoston Market to Sun Capital Partners a transaction that was completed on August 27, 2007. Sun also acquiredFriendly's for $337 million this month.*In November, Sun purchased
American Standard Americas fromBain Capital .
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