GI Partners Exits 7-Year Investment
December 3, 2010- Share:
GI Partners has sold The Linc Group after seven years of ownership to ABM Industries (NYSE: ABM) for $300 million in cash. The sale generated a 4.4x return on invested capital. Linc provides technical building services and was advised by Jefferies & Co. and Paul, Hastings, Janofsky & Walker on the deal. ABM was advised by Credit Suisse and Jones Day.
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