PE Hub

FFL to sell garage doors maker CHI to KKR

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 ...
Reuters

Nucor to buy garage door maker C.H.I. Overhead from KKR in $3 bln deal

May 16 (Reuters) - Nucor Corp (NUE.N), opens new tab said on Monday it would acquire garage door maker C.H.I. Overhead Doors from investment firm KKR & Co(KKR.N), opens new tab in a deal valued at $3 ...
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 ...
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 ...
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, ...