Mitchell International, Inc., has signed a definitive agreement to sell the company to an investment group led by Aurora Capital Group and including General Electric Pension Trust.
Aurora Capital Group is a Los Angeles-based investment firm formed in 1991 that acquires and builds companies in partnership with operating management. The Firm currently manages approximately $2 billion in capital. The transaction is expected to close in March 2007 pending customary conditions and certain regulatory approvals.
Goldman, Sachs & Co. and Wachovia Securities, Inc. acted as financial advisors to the Company. Goldman Sachs Credit Partners L.P. will be the sole lead in
Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options.