Leonard Green execs reap payouts in Blackstone deal

Blackstone Group, Leonard Green and Partners, private equity, merger, M&A
John Danhakl of Leonard Green speaks at Buyouts Texas 2014.
  • About 30 professionals participated in the cash-out
  • Liquidity event includes next generation of leadership
  • Blackstone bought equity from private shareholders
Blackstone Group’s minority investment in Leonard Green & Partners represents a payout for around 30 professionals at the firm, sources told Buyouts. The minority deal, for a less than 15 percent stake in the management company, was structured as a ...

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