PE Hub

Deal of the Year: KKR’s exit of CHI Overhead Doors

The hall erupted into joyful cheers and embraces as 800 employees of CHI Overhead Doors learned of the company’s sale. Some wiping away tears, many beaming proud smiles, they were mostly factory floor ...
Business Wire

KKR to Acquire C.H.I. Overhead Doors from FFL

NEW YORK--(BUSINESS WIRE)--C.H.I. Overhead Doors (“CHI”), a North American manufacturer of residential and commercial garage doors, announced today that KKR, a leading global investment firm, is ...
The News-Gazette

CHI Overhead Doors workers get surprise first dividend

ARTHUR — About 700 employees at CHI Overhead Doors were surprised Thursday with dividends from stock in their own company. After private equity firm Kohlberg Kravis Roberts & Co bought CHI in 2015, ...
SmartCompany

Financial teardown: KKR’s $3 billion garage door jackpot and the employees who cashed in big

Jason Andrew and a screengrab from a YouTube video showing the reaction of the employees to the news of the acquisition of Chi Overhead Doors. Source: SmartCompany via YouTube/KKR When most people ...
PE Hub

JLL Partners Selling C.H.I Overhead Doors After Nearly 7 Years

It looks like JLL Partners will be exiting C.H.I. Overhead Doors after nearly seven years. Friedman Fleischer & Lowe is buying C.H.I. Overhead, a garage door maker, according to Standard & Poor’s LCD.
Wall Street Journal

KKR to Sell CHI Overhead Doors to Nucor, Generating Windfall for Itself and Employees

Private-equity giant KKR KKR 0.01% & Co. aims to make big returns for its investors when it sells a company. Its latest deal will also deliver a serious payout for a different type of investor: the ...
The Business Journals

Nucor's $3B deal for C.H.I. Overhead Doors marks its priciest acquisition ever

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Nucor Corp. plans its largest acquisition ever, announcing ...