Goodman Global Files for $500 Million IPO

Goodman Global Inc., a Houston, Texas-based manufacturer of residential and light commercial heating, ventilation and air-conditioning equipment, has filed for a $500 million IPO.

The company was taken private in 2008 by Hellman & Friedman for $2.65 billion. It reports $1.85 billion in sales and $99 million in net income for 2009, compared to $1.88 billion in sales and negative $39 million of net income in 2008.

Goodman Global plans to trade on the Nasdaq, with J.P. Morgan, Barclays Capital, Morgan Stanley and Deutsche Bank Securities serving as co-lead underwriters.