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KKR & Co. (KKR) Enters Agreement to Acquire C.H.I. Overhead Doors

June 23, 2015 8:56 AM EDT

C.H.I. Overhead Doors (CHI), a North American manufacturer of residential and commercial garage doors, announced that KKR (NYSE: KKR), a leading global investment firm, is acquiring the company from FFL, a San Francisco-based middle-market private equity firm. Terms of the transaction were not disclosed.

Headquartered in Arthur, Illinois, CHI manufactures overhead sectional garage door products for the residential and commercial markets, as well as rolling steel doors for commercial and industrial customers. Founded in 1993, the Company has built a reputation for high quality... More