List of private capital acquistions in 2007
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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 firms The Carlyle Group and Onex 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 to Sun Capital Partners, Inc.
- In 2007 Enterprise agreed to purchase a controlling share in Vanguard Automotive Group (parent company of Alamo and Budget from Cerberus 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 sell Boston Market to Sun Capital Partners a transaction that was completed on August 27, 2007. Sun also acquired Friendly's for $337 million this month.
- In November, Sun purchased American Standard Americas from Bain Capital.
