Goldman Sachs merchant banking division and Koch Equity Development LLC has announced the completion of their acquisition of Flint Group from funds managed by CVC Capital Partners.
‘This is a great day for Flint Group employees, our customers and our suppliers,’ said Antoine Fady, CEO of Flint Group. ‘Following the acquisition by our new shareholders, Flint Group now goes forward with a much stronger capital structure and additional flexibility. With that, we can put greater momentum behind the strategies that have already made Flint Group an industry leader. Ultimately, that benefits everyone we do business with.’