Birch Hill To Take GDI Private

Posted on: November 22, 2011 by asormaniNo Comments »

Canadian Distinction Group (GDI), a facility services business, has reached an agreement with Birch Hill Equity Partners to take the company private for approximately $153 million, or $4.50 per share in cash. GDI CEO Claude Bigras and Birch Hill will form a new partnership, with Bigras and the existing management team of GDI owning approximately [...]