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Article: Behrman Capital Acquires Peacock Engineering for $172.5 Million.
- Article from:
- Business Wire
- Article date:
- January 30, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK -- Behrman Capital, a private equity investment firm based in New York and San Francisco, today announced that it has acquired Peacock Engineering Company, in partnership with existing management, for $172.5 million. Peacock Engineering, headquartered in Geneva, Illinois, is a leading provider of outsourced food packaging services to many of the nation's major consumer products companies. Behrman acquired Peacock from an investor group which includes Chairman and majority shareholder Jerry Hayden and the Company's management team. Led by President Michael A. Bilder, management is reinvesting in the Company alongside Behrman through this transaction.
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